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January 23, 2013
07:15 EDTPPPPrimero Mining guides 2013 production up 17%
In 2013, Primero expects to increase production to between 120,000 and 130,000 gold equivalent ounces, up to 17% higher than 2012, based on higher throughput at slightly higher grades. Production is expected to ramp-up at the end of the first quarter when the current maximum milling capacity of 2,150 TPD is achieved. Cash costs for 2013 are expected to be in the range of $620 to $640 per gold equivalent ounce or between $280 and $300 per gold ounce on a by-product basis, similar to or below 2012 cash costs.
News For PPP From The Last 14 Days
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July 28, 2015
17:02 EDTPPPPrimero Mining reports fatal accident at San Dimas mine
Primero Mining regrets to report a fatal accident involving a Primero employee that occurred at its San Dimas mine in Mexico Monday. The accident took place while assisting with underground support rehabilitation, and was an isolated incident. The company is working with the local authorities, which have commenced an investigation while normal operations at the mine continue.
July 20, 2015
07:11 EDTPPPPrimero expects to replace FY15 production with drilling from 1H15
Primero Mining Corp provided an update on its recent exploration activities at the Black Fox Complex, located near Timmins, Ontario, Canada, and at the San Dimas mine located in Durango, Mexico. Based on the success of its exploration activities to date, the company expects to replace its estimated full-year production with the results of exploration drilling from the first half of 2015. Additionally, the company has approved $6.1M in capital expenditures to advance a ramp to access the Deep Central Zone at Black Fox. "Our 2015 exploration program has been very successful so far," commented Joseph F. Conway, CEO. "Exploration drilling during the first half of 2015 is expected to have already replaced our estimated full-year production at both Black Fox and San Dimas. Drilling at the Black Fox mine has expanded the mineralization in the Deep Central Zone and importantly indicates that mineralization is continuous between the current production level and at least 800 metres below surface. Exploration has been focused on delineating mineralization between the current 560 metre production level, which has an average grade of approximately 6.0 grams per tonne, and the Deep Central Zone with higher-grade mineralization extending to 800 metres, currently with an average grade of approximately 8.5 grams per tonne. As we continue to drill deeper at Black Fox we are encountering higher average grades and wider continuity, which is very promising for the future of the mine. In addition, drilling at San Dimas continues to expand the recently discovered Jessica vein and also delineate other high-grade veins such as Victoria and Perez."

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