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.
- The co-chairmen of the House Finance Committee revised their plans to introduce an income tax to Alaska for the first time in nearly four decades.
- The Sitka Sound sac roe herring fishery is in full swing. In less than a week, the fleet has caught over half of its quota. And while most crew members work on the water, spotter pilots fish for herring from the sky.
- A lot of eyes were on the U.S. House today, but, as Republican factions shuttled to the White House to negotiate, it was a day of waiting for most.
- Gov. Walker’s legislation creates a new definition for independent contractors that would determine whether employers have to pay to insure against on-the-job injuries.