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.
- Wayne Price thinks if there is going to be a wider healing among Natives in America, the U.S. government needs to apologize for the devastating toll the boarding schools took.
- Alaska’s economic woes are affecting all corners of the state, especially communities that were banking on an Arctic boom.
- The dead included one police officer from a local university. At least nine other people were hurt, including four police officers.
- Studies recommended relocating villages like Newtok, Kivalina and Shishmaref. But more than 10 years later they are still there, with waves getting higher and storms getting stronger.