Argonaut Gold..Mid-Tier Goldproduzent (Seite 54)

[supernova1712]

http://www.theaureport.com/pub/co/2145?utm_source=delivra&ut…


Jordan Roy-Byrne, The Daily Gold (11/26/13) "We believe Argonaut Gold Inc. is one of the top five long-term plays in the growth-oriented producer space. . .the company, producing at a run rate of ~130K Au has the assets to nearly triple its production in the next two and a half years and to quadruple its production in less than four years. If San Antonio goes through, Argonaut is clearly the top growth-oriented producer in the world. Without San Antonio, it's still a damn good company."


Freundliche Grüße
supernova

[supernova1712]

http://www.theaureport.com/pub/co/2145?utm_source=delivra&ut…

Morning Coffee (11/14/13) "Shares of Argonaut Gold Inc. have moved higher following the company's Q3/13 results, which included quarterly EPS that came in higher than expected on lower cash costs. . .a prefeasibility study on Magino is expected by year-end 2013 and should be the first catalyst toward providing some clarity on project economics, in turn lowering the overall risk profile."


Außerdem:

Argonaut Gold Announces New Chief Financial Officer

TORONTO, ONTARIO – (November 15, 2013) – Argonaut Gold Inc. (TSX: AR) (“Argonaut Gold” or the “Company”) is pleased to announce the appointment of Mr. David Ponczoch as its Chief Financial Officer. Mr. Ponczoch joins Argonaut Gold following his service as Chief Financial Officer at Twin Metals Minnesota, a joint venture between Antofagasta PLC and Duluth Metals.

Mr. Ponczoch has over 12 years’ of experience in finance, accounting, and corporate management roles. In addition to his experience as Chief Financial Officer, he has managed responsibilities in a corporate and mine capacity, serving as the Regional Finance Director at Yamana Gold Company in Santiago, Chile, and as the Controller at the El Penon Mine for Meridian Gold. Mr. Ponczoch graduated from Brigham Young University with a bachelor’s degree in finance and from Michigan State University with a master’s degree in business administration.

Mr. Peter Dougherty, President & Chief Executive Officer of Argonaut Gold stated “Our outgoing Chief Financial Officer, Barry Dahl, has been an integral part in the development and growth of the Company. On behalf of everyone at Argonaut Gold and the Board, I thank Barry for his contributions to the Company, and wish him the best in his new endeavor. We welcome Dave Ponzoch to the team as our New Chief Financial Officer, and look forward to integrating his input and experience.”
...


Freundliche Grüße
supernova

[Pirat_Micha]

Argonaut Gold Clarifies Cash Cost Disclosure

http://web.tmxmoney.com/article.php?newsid=63924109&qm_symbo…

[tpnl]

o.k. - kann ich nachvollziehen! Ich hoffe, ich denke dran.

[Pirat_Micha]

Hallo !

Bitte um die Übersicht zu wahren nur den Link posten und die "Headline"



http://www.argonautgold.com/news_events/news/index.php?&cont…

[tpnl]

News:

Argonaut Gold Announces 3rd Quarter 2013 Revenue of $42.4M and Net Income of $6.6M
Toronto, Ontario - (November 12, 2013) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce its financial and operating results for the third quarter ended September 30, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.
3rd Quarter Change 9 months Change
2013 2012 2013 2012
Financial Data (in millions except per earnings per share)
Revenue $42.4 $72.9 ↓42% $130.5 $134.8 ↓3%
Gross Profit $12.7 $38.0 ↓67% $50.5 $68.6 ↓26%
Net income (loss) $6.6 $27.2 ↓76% $24.7 $45.8 ↓61%
Earnings per share - basic $0.04 $0.29 ↓86% $0.17 $0.49 ↓65%
Cash flow from operating activities before changes in non-cash operating working capital and other items $16.3 $34.7 ↓53% $52.4 $59.2 ↓11%
Cash and cash equivalents $125.3 $42.8 ↑193%
Gold Production and Cost Data
Gold ozs. loaded to the pad 44,691 53,906 ↓17% 127,442 143,468 ↓11%
Gold ozs. produced 26,990 31,074 ↓13% 89,484 76,081 ↑17%
Gold ozs. sold 30,792 42,534 ↓28% 87,989 80,279 ↑10%
Average realized sales price $1,331 $1,666 ↓20% $1,436 $1,649 ↓13%
Cash cost per gold oz sold $680 $577 ↑18% $642 $601 ↑7%
THIRD QUARTER 2013 & RECENT HIGHLIGHTS
• El Castillo operations:
o West Side Pad 8 construction is ongoing
o West Side crusher and overland conveyor project was completed and is operational
o Permits were received for the new south waste dump
• La Colorada operations:
o Pre-stripping continues at the La Colorada pit
o New crushing circuit installation was completed and is operational
• San Antonio and Magino permitting process continues
• Capital expenditures of $28.1 million on mineral properties, plant and equipment
SUBSEQUENT EVENTS
• Subsequent to quarter-end, the Company entered into a surface and mining rights exchange agreement with Richmont Mines Inc. (“Richmont”; TSX: RIC). Pursuant to this agreement, Argonaut has expanded its surface and mining rights associated with its Magino project. The terms of this agreement provide a CA$2 million payment from Argonaut to Richmont. See additional information in the press release available under the Company’s profile on the SEDAR website.
• On November 5, 2013, the Company entered into an agreement to acquire the San Agustin project from Silver Standard Resources, Inc (“Silver Standard”) for $75 million in shares and cash. The San Agustin project hosts an indicated resource of 1.6 million ounces of gold and 48 million ounces of silver within 121 million tonnes of material grading 0.41 g/t gold and 12.5 g/t silver. It is located 10 kilometers from our operating El Castillo mine in Durango, Mexico.
CEO Commentary Pete Dougherty, President and CEO of Argonaut Gold, stated “The team has accomplished many strategic goals during the quarter, successfully completing construction on two major crusher initiatives aimed at future production increases and cost reductions for both mines. The gold grades processed at El Castillo come in line with life of mine grades, a reduction year over year of 8%, while year over year we have had a 9% increase in gold production. At La Colorado, we continue to open the pit. Although our contractors experienced a difficult quarter, they have acquired additional equipment to make up the tonnage shortfall (36K tonnes per day US with budget of 51K tonnes per day). Despite this, the Company produced 4K ounces of gold at a respectable $400 per ounce. On a corporate front we have been successful in negotiating two significant deals. The first with Richmont Mines, expands our land package and allows for further exploration and exploitation of our full resources at Magino. The second, with Silver Standard Inc for the San Agustin project provides a nearby project, ripe for synergies with the El Castillo project. We believe this project will host significant upside exploration potential.”
The Company is on track to meet production guidance established at the beginning of the year. Company guidance is maintained for 120,000 to 130,000 ounces of gold production at a cash cost per gold ounce sold of $650 to $660 (cash cost per gold ounce sold is a non-IFRS measure, see note below).
Financial Results – Third Quarter 2013
During the third quarter of 2013, revenue was $42.4 million from gold sales of 30,792 ounces, compared to $72.9 million from gold sales of 42,534 ounces in the third quarter of 2012. Cash cost per gold ounce sold in the quarter was $680, compared to $577 in the same period of the prior year.
During the third quarter of 2013, gross profit was $12.7 million, compared to $38.0 million in the third quarter of 2012. During the quarter, profit from operations was $8.8 million, compared to $35.7 million in the same period of the prior year. Net income for the period was $6.6 million, or $0.04 per basic share, versus $27.2 million, or $0.29 per basic share, in the third quarter of 2012.
Cash and cash equivalents was $125.3 million at September, 30, 2013. Capital expenditures in the third quarter were $28.1 million, primarily as a result of infrastructure improvements at the El Castillo and La Colorada mines, as well as pre-stripping.
Financial Results – Nine months ended September 30, 2013
During the nine months ended September 30, 2013, revenue was $130 million from gold sales of 87,989 ounces, compared to $134.8 million from gold sales of 80,279 ounces in the first nine months of 2012. Cash cost per gold ounce sold in the nine months ended September 30, 2013 was $642, compared to $601 in the same period of the prior year.
During the first nine months of 2013, gross profit was $50.5 million, compared to $68.5 million in the first nine months of 2012. During the nine months ended September 30, 2013, profit from operations was $38.9 million, compared to $61.3 million in the same period of the prior year. Net income for the period was $24.7 million, or $0.17 per basic share, versus $45.8 million, or $0.49 per basic share, in the nine months ended September 30, 2012.
This press release should be read in conjunction with the Company's unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2013 and associated management's discussion and analysis ("MD&A"), which are available from the Company's website, www.argonautgold.com, in the "Investors" section under "Financial Filings", and under the Company's profile on SEDAR at www.sedar.com.
El CASTILLO OPERATING STATISTICS
3 Months Ended September 30 9 Months Ended September 30
2013 2012 % Change 2013 2012 % Change
________________________________________
Mining (Tonnes 000’s)
Tonnes ore 3,406 3,083 ↑11% 9,857 8,640 ↑14%
Tonnes waste 3,315 3,272 ↑1% 9,566 8,717 ↑9%
Tonnes mined 6,542 6,355 ↑3% 19,424 17,358 ↑12%
Waste / Ore ratio 0.92 1.06 ↓13% 0.97 1.01 ↓4%
Heap Leach Pad (Tonnes)
Tonnes ore direct to leach pad 1,868 1,811 ↑3% 5,307 5,528 ↓4%
Tonnes crushed 1,539 1,270 ↑21% 4,535 3,273 ↑39%
Production
Gold grade (g/t) 0.36 0.42 ↓15% 0.36 0.40 ↓8%
Gold loaded to leach pad (oz) 39,120 41,630 ↓6% 115,312 112,133 ↑3%
Gold produced (oz) 22,756 24,575 ↓7% 73,957 61,907 ↑20%
Gold ounces sold 25,840 33,839 ↓24% 72,054 66,286 ↑9%
Silver ounces sold 17,923 11,719 ↑53% 35,550 15,539 ↑129%
Cash cost per gold ounce sold $697 $617 ↑13% $695 $635 ↑9%
1 "g/t" is grams per tonne
2 "oz" means troy ounce

Summary of Production Results at El Castillo
Total tonnes mined in the third quarter 2013 were up 3 percent, compared to the third quarter of 2012. 1.6 million tonnes were crushed tonnes during the third quarter, representing a 21 percent increase over the third quarter of 2012. The total ounces loaded to the leach pad were 39,120 in the third quarter of 2013, a 6 percent decrease over the third quarter of 2012. The stripping ratio of waste to ore decreased 13% from the third quarter of 2012.
The 2013 production guidance is expected to be approximately 100,000 ounces with a cash cost between $700 and $725 per gold ounce sold.
LA COLORADA OPERATING STATISTICS
3 Months Ended September 30 9 Months Ended September 30
2013 2012 % Change 2013 2012 % Change
________________________________________
Mining (Tonnes 000’s)
Tonnes ore 414 - ↑100% 1,313 - ↑100%
Tonnes waste 2,885 - ↑100% 10,485 - ↑100%
Tonnes mined 3,299 - ↑100% 11,798 - ↑100%
Waste / ore ratio 6.96 - ↑100% 7.99 - ↑100%
Tonnes moved 3,299 2,707 ↑22% 11,798 4,226 ↑180%
Heap Leach Pad (Tonnes 000’s)
Crushed ore tonnes to pad 535 848 ↓37% 1,250 2,272 ↓45%
Production
Gold grade (g/t) 0.33 0.43 ↓23% 0.31 0.43 ↓29%
Gold loaded to leach pad (oz) 5,571 12,276 ↓53% 12,130 31,335 ↓61%
Gold produced (oz) 4,234 6,499 ↓35% 15,527 14,174 ↑10%
Gold ounces sold 4,952 8,695 ↓43% 15,935 13,993 ↑14%
Silver produced (oz) 31,717 41,937 ↓24% 121,914 84,915 ↑44%
Silver ounces sold 50,881 52,861 ↓4% 132,951 62,609 ↑112%
Cash Cost per ounce sold $391 $578 ↓32% $309 $578 ↓47%
1 "g/t" is grams per tonne
2 "oz" means troy ounce
Summary of Production Results at La Colorada
Production from LC was hampered due to low mining productivity from the contractor. The contractor has taken then necessary actions to increase productivity by adding more equipment which should resulting in an increase in ore tons for process, and higher grades as we open the pit more fully. We expect a rise in production during the fourth quarter and further improvement into 2014.
The 2013 production guidance is approximately 24,000 ounces with a cash cost, net of by-product credits, between $450 and $475 per gold ounce sold.
Capital Expenditures for 2013
The Company plans on investing $91 million on capital expenditures and exploration initiatives in 2013 including $3.6 million for royalty at La Colorada and $2 million surface and mining agreement with Richmont. Major capital expenditures, excluding exploration, in 2013 are expected to include approximately $36 million at El Castillo (including mining service company expenditures), $28 million at La Colorada (including $16 million for pre-strip), $12 million at Magino and $3 million at San Antonio. Exploration expenditures in 2013 are expected to amount to $6 million.
Argonaut Gold Q3 Financial Results Conference Call and Webcast:
The Q3 financial results call is scheduled to take place on November 12, 2013 at 8:30 am ET. Details for the call in participation are:
Q3 Conference Call Information
Toll Free (North America): 1-866-223-7781
International: 1-416-340-8018
Webcast:www.argonautgold.com
Q3 Conference Call Replay:
Toll Free Replay Call (North America): 1-905-694-9451
International Replay Call: 1-800-408-3053
Passcode: 7979249
The conference call replay will be available from 10:30 a.m. ET on
November 12 - 19, 2013.

[dosto]

$30 million of Argonaut shares issued at closing

---------------------------------------------------------sind
erstmal 20 % Verwässerung.

[supernova1712]

Antwort auf Beitrag Nr.: 45.769.460 von Pirat_Micha am 06.11.13 07:22:58

Diese Experten (?) sind anderer Meinung:

http://www.theaureport.com/pub/co/2145?utm_source=delivra&ut…

Expert Comments:

Christos Doulis, Stonecap Securities (11/7/13) "On Nov. 5, Argonaut Gold Inc. announced the purchase of the San Agustin project, located 10 km from its El Castillo project in Durango, Mexico, from Silver Standard Resources Inc. . .we are pleased to see the company building out its pipeline of projects. . .we are maintaining our Outperform rating."

Jordan Roy-Byrne, The Daily Gold (11/6/13) "Argonaut Gold Inc. announced it is buying the San Agustin project from Silver Standard Resources Inc. for a total of ~$75M. . .San Agustin, which is located 10km from El Castillo, hosts an Indicated resource of 1.6 Moz gold and 48 Moz silver and an Inferred resource of 1.06 Moz gold and 37 Moz silver. In addition, the oxide mineralization remains open in all directions and the exploration potential is considered excellent. . .San Agustin should be economic even at low silver prices."

Freundliche Grüße
supernova

[Pirat_Micha]

Guten Morgen,

meiner Meinung nach ist der Kauf absolut überflüssig und vor allem viel zu teuer, da gibt es bessere Projekte.

Link: http://www.silverstandard.com/projects/adv_exploration/san_a…

[Pirat_Micha]

http://www.argonautgold.com/news_events/news/index.php?&cont…