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News Breaks
February 21, 2013
07:24 EDTPPPPrimero Mining sees FY13 production up 17% to 120K-130K gold equivalent ounces
Production is expected to ramp-up at the end of Q1 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-$640 per gold equivalent ounce or between $280-$300 per gold ounce on a by-product basis, similar to or below 2012 cash costs. Capital expenditures during 2013 are expected to be approximately $42M excluding capitalized exploration costs. Underground development capital and sustaining capital remain at similar levels to 2012. Underground development in 2013 will again be focused in the main mining, Central Block and Sinaloa Graben, blocks. In 2013 the majority of the ore is anticipated to come from the Central Block with approximately 30% from the higher-grade Sinaloa Graben block.
News For PPP From The Last 14 Days
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February 4, 2016
11:43 EDTPPPPrimero Mining downgraded to Sector Perform from Outperform at Scotiabank
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05:29 EDTPPPPrimero Mining receives legal claim filed by Mexican Tax Authorities
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January 26, 2016
07:03 EDTPPPTD Securities to hold a conference
2016 TD Securities Mining Conference is being held in Toronto on January 26-27.
January 25, 2016
07:01 EDTPPPPrimero Mining expects a 10% all-in sustaining cost reduction in 2016
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06:58 EDTPPPPrimero Mining reports Q4 gold production 15% higher vs. last year
Primero Mining announces its preliminary Q4 and FY15 operating results. Highlights include: record production achieved In 2015: Q4 production of 68,155 gold equivalent ounces resulted in record annual 2015 production of 259,474 gold equivalent ounces, 15% higher than in 2014 and within the Company's 2015 production guidance range; 2015 consolidated total cash costs2,4 are expected to be $637 per gold equivalent ounce with preliminary all-in sustaining costs3,4 of $972 per gold ounce, below the Company's 2015 guidance range of $640-$680 per gold equivalent ounce for total cash costs and $1,030-$1,060 per gold ounce on an all-in sustaining cost basis. Preliminary all-in sustaining costs at the San Dimas mine were notably low at $680 per gold ounce, benefiting from high mill throughput rates well above the 2,500 tonnes per day nameplate capacity and increased by-product silver production versus 2014 due to the inclusion of the Jessica vein.
January 22, 2016
17:12 EDTPPPFiera Capital reports 5.03 passive stake in Primero Mining
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