Media Releases Niuminco Group Limited

View All Niuminco Group Limited News


Niuminco Group Limited, Quarterly Activities Report March Quarter 2015


HIGHLIGHTS AND SIGNIFICANT EVENTS


-  
Gold/silver production at the Edie Creek Mine up 19.2% and sales up 27.4% over the previous quarter.

 

-  Production for the Quarter was 12,524.29 grams or 402.7 ounces of gold (December Quarter 10,502.1 grams or 337.7 ounces) and 10,546.9 grams or 336.2 ounces of silver (December Quarter 9,283.7 grams or 298.5 ounces).

 

-  Total gold and silver sales of AUD 608,132 (PGK 1,260,050) at an average gold grade of 22.4 grams per processed tonne of ore. Edie Creek Mine cash flow positive for past three successive quarters.

 

-  New ball mill, second-hand bulldozer and 4 diamond core drill rigs acquired. 

 

 

For further information please download PDF attached:

Download this document