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.
- September 2, 2015- The federal government is tapping the Denali Commission as the lead agency to address the relocation of coastal communities across the state.
- September 2, 2015- As part of her visit to Alaska, National Endowment for the Arts Chairman Jane Chu visited Juneau on Tuesday. In an interview on A Juneau Afternoon, she discussed what makes art worthwhile.
- September 2, 2015- President Barack Obama visited Dillingham Wednesday afternoon as part of his trip to Alaska.
- September 2, 2015- The letter covers a lot of ground — outlining the need to develop a deep-draft port above the Arctic Circle and advocating sharing federal revenue from offshore oil drilling with local residents.