The company says it produced 56,913 ounces of gold during the first quarter of 2013, compared to 43,901 in the first quarter of 2012.
A company news release says Kensington produced 25,206 ounces of gold in the first three months of this year, more than triple the production during the same period last year.
Coeur’s silver production of 3.8 million ounces was 22 percent less than first quarter 2012, due to lower grade ore processed from the Palmarejo mine in Mexico.
Realized gold prices during the first quarter of this year averaged $1,630 an ounce, down 4 percent over the first quarter of 2012. Silver was down 6 percent, averaging $30.61 per ounce.
Coeur is scheduled to report first quarter full operating and financial results on May 9th.
- Juneau Finance Director Bob Bartholomew projected Gov. Bill Walker’s veto of about half of dividend funds will cost the city.
- Only three votes now separate two northern Alaska House candidates. Dean Westlake of Kotzebue has 780 votes, ahead of 777 votes for incumbent Rep. Ben Nageak, who’s from Barrow.
- Bus passes, child-care assistance, work clothing and other resources to get low-income tribal members into jobs are being cut in seven Southeast Communities..
- The U.S. Northern Command and Coast Guard have launched a major field-training exercise off Alaska’s northwest coast. Arctic Chinook is intended to demonstrate how local, state and federal agencies would respond to a simulated cruise ship accident. Coincidentally, a big luxury cruise ship will sail through the area while the exercise is under way. And to further complicate things, bad weather has just set in.