Gran Colombia Gold (TSX: T.GCM, Stock Forum) late Tuesday announced first-quarter 2013 total gold production of 24,350 ounces, a 10% increase over the fourth quarter of 2012, this according to a company news release.
Results, though, were less than the 26,260 ounces produced during Q1 2012. Total cash costs for the quarter fell to $1,281 an ounce from $1,199 a year earlier.
Revenue for the first quarter was $37.6 million.
The gold miner added that it expects to produce 110,000 ounces of gold in 2013.