Brief: Anaconda Mining Reports Q2 Loss Per Share C$0.01

Signal Gold

02/08/2019 12:24

Aug 2 (Reuters) - Anaconda Mining Inc  ANX.TO :
    * ANACONDA MINING REPORTS FINANCIAL RESULTS FOR THE SECOND
QUARTER
AND FIRST HALF OF 2019
    * Q2 LOSS PER SHARE C$0.01
    * QTRLY REVENUE $5.5 MILLION VERSUS $7.5 MILLION
    * COMPANY IS REVISING ITS GUIDANCE FOR 2019 TO 16,000 OUNCES
TO
17,000 OUNCES OF GOLD
    * ANACONDA SOLD 3,153 OUNCES OF GOLD IN Q2 2019
    * COMPANY ALSO HAD OVER 565 OUNCES IN GOLD DORÉ AND BULLION
INVENTORY AT JUNE 30, 2019, WHICH WERE SUBSEQUENTLY SOLD IN JULY
2019
    * RAISING OPERATING CASH COSTS GUIDANCE FOR FY TO BETWEEN
$1,325 &
$1,375 PER OUNCE OF GOLD
    * PRODUCED 78,123 TONNES OF ORE DURING Q2, PREDOMINANTLY
FROM
MINING AT STOG'ER TIGHT MINE, A 138% INCREASE OVER Q2 2018

Source text for Eikon:  ID:nCNW9Kw1la 
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