Dynacor Gold Mines (TSX: T.DNG, Stock Forum) Thursday announced that for the first quarter of 2013, gold production from its ore-processing division achieved a quarterly best of 20,027 ounces, an increase of 7.7% from the previous quarter and a 52.8% increase from the first quarter of 2012, this according to a company news release.
The miner added that gold production in the month of March marked its ninth monthly record in the last 12 months.
Dynacor said first quarter production exceeded expectations and is well within its 2013 production guidance of 66,000 ounces, as the company produced gold at an annualized rate of 80,000 ounces during the quarter.