Brief: Kopy Goldfields Q3 Ge1 Production Rises By 3% Year-On-Year

Kopy Goldfields AB (publ)

19/10/2020 07:04

Oct 19 (Reuters) - Kopy Goldfields AB (publ)  KOPY.ST :
    * KOPY GOLDFIELDS PUBLISHES Q3 2020 OPERATIONAL UPDATE
    * TOTAL GOLD EQUIVALENT (GE1) PRODUCTION IN Q3 FROM
COMPANY'S TWO
BEDROCK MINES AND TWO ALLUVIAL MINES IN KHABAROVSK REGION OF
RUSSIA INCREASED BY 3% YEAR-ON-YEAR TO 18.1 KOZ (564 KG)
COMPARED TO 17.6 KOZ (547 KG) IN Q3 2019 INCLUDING 29.5 KOZ (917
KG) OF SILVER
    * PRODUCTION GROWTH IN Q3, WAS DRIVEN BY INCREASED
PRODUCTION
RATES AT PEREVALNOE MILL, WHICH PROCESSED 42 KT OF ORE IN Q3
2020 COMPARED TO 35 KT IN Q3 2019, TARGETING 2020 FULL-YEAR
THROUGHPUT OF 160 KTA (THOUSAND TONS PER ANNUM).
    * GOLD SALES FOR FIRST NINE MONTHS OF 2020 AMOUNTED TO 38.6
KOZ
(1,199 KG), COMPARED TO 36.6 KOZ (1,138 KG) OF GOLD SALES FOR
CORRESPONDING PERIOD OF 2019.

Source text for Eikon:  ID:nBQN2FXGqh 
Further company coverage:  KOPY.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))