|
News: Es geht weiter voran: http://www.finanznachrichten.de/nachrichten-2011-04/19812270… Die Produktion soll in 2010 80k -84k Unzen erreichen und in den letzten drei Quartalen im Schnit bei 25k Unzen. Da in 2011 keine Unze mehr gehedgt ist, wird das einen ordentlichen Ergebnissprung geben. Hier die Highlights der News: Among the 2010 and year to date 2011 highlights, the Company: * Completed the merger of Apollo Gold Corporation ("Apollo") and Linear Gold Corp. ("Linear") to form Brigus on June 25, 2010. * Sold 69,922 ounces of gold in 2010, a 51% increase over 46,016 ounces sold in 2009. * Reported total cash costs per ounce of gold sold in 2010 of $589, a slight increase over $567 per ounce in 2009. * Reported cash and restricted cash at December 31, 2010 of $22.8 million compared to $6.7 million at December 31, 2009. Cash and restricted cash total approximately $35 million as at March 31, 2011. * Raised $70.0 million in net proceeds from equity financings during the year and sold a future gold stream to Sandstorm Resources Ltd. for $56.3 million, with the proceeds used to reduce the Black Fox project facility debt ("Project Facility") and to unwind gold forward sales contracts. * Eliminated all gold forward sales contracts making Brigus hedge free with no gold derivative positions and subject only to a gold stream agreement sale. * Strengthened the balance sheet by reducing the Project Facility during 2010 from $70.0 million down to $22.0 million as at December 31, 2010. * Issued $50.0 million of senior unsecured convertible debentures on March 23, 2011 and eliminated the Project Facility. * Commenced the development of the Black Fox underground mine in the second quarter of 2010 ("Q2 2010"), including the construction of a new ramp from the 235-metre ("m") level to the surface and a new ventilation and services raise, both of which were completed in the first quarter of 2011 ("Q1 2011"). * Extended the known strike length of the Contact Zone, at the Black Fox Complex, from 400 m to 1,200 m by completing 106 drill holes comprising of a total of 43,000 m in 2010 and including January 1, 2011 to March 11, 2011. |
|
| aus der Diskussion: | Linear Gold 2008 - jetzt Brigus Gold |
| Autor (Datum des Eintrages): | Peterkles (01.04.11 14:21:28) |
| Beitrag: | 642 von 1,118 (ID:41303887) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |