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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:06 EDTTGDTimmins Gold reports increased gold production 39% YoY during Q4
Timmins Gold reported preliminary production results for the Company's Q4. The Company achieved record production of 34,563 gold equivalent ounces for the quarter and 120,900 gold equivalent ounces for the year which represent increases of 39% and 27% over the prior comparative periods.
News For TGD From The Last 14 Days
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October 17, 2014
06:12 EDTTGDTimmins Gold reports Q3 production 27,013 gold equivalent oz
Timmins Gold reports preliminary production results for the company's Q3 ended September 30. The Company produced 27,013 gold equivalent ounces during the quarter. Production for the first three quarters of 2014 was 97,687 gold equivalent ounces. Production during the quarter was impacted by record storms and rainfall in September which restricted access to the pit. This resulted in the company processing lower grade ore from stockpiles and also caused dilution of gold in the leaching solutions, which reduced the recovered ounces. Despite the disruptions caused by the storms, including power outages, the operating team managed to maintain average crushing throughput in excess of 24,000 tpd. Operations are now back to normal. Management maintains production and cost guidance for the year and expects to reach the higher range of production guidance of 115,000-125,000 ounces of gold equivalent.

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