Leagold Mining Corp. reports that a Feasibility Study prepared by independent consultants for the expansion of the Company's Los Filos mine in Mexico is now complete. The Expansion Feasibility Study incorporates the potential for: development of the Bermejal underground mine, enlarging the Los Filos open pit mine, re-phasing of the Bermejal open [...]
Leagold Mining Corp. reports 2018 gold production of 302,550 ounces , achieving the revised guidance range of 295,000 to 305,000 oz for its four wholly owned gold mines: the Los Filos mine in Mexico, and the RDM, Fazenda, and Pilar mines in Brazil. Leagold ended 2018 with an estimated cash balance of $53 million and expects full year AISC to be [...]
Leagold Mining Corp. reports updated mineral reserve and mineral resource estimates at its RDM and Fazenda mines in Brazil and the filing of the associated updated technical reports. The Company also reports highlights from the 2018 drill program at Fazenda. At the RDM mine, Proven and Probable mineral reserves total 24.7 million tonnes grading [...]
Leagold Mining Corp. is pleased to announce the restart of the RDM mine in Brazil earlier today. The restart follows an unscheduled shutdown that began early October due to regional drought conditions. As announced on November 13, 2018, the water storage facilities at the RDM mine had sufficient volumes to support the restart of operations and RDM [...]
Leagold Mining Corp. is pleased to announce an increase of the Proven and Probable mineral reserves at the Los Filos open pit to 40.5 million tonnes grading 0.60 g/t containing 780 thousand ounces of gold as of October 31, 2018 . This represents a 122% increase over the December 31, 2017 estimate of 351 koz. After accounting for mining depletion of [...]
Q3 2018 highlights include: Gold production of 93,269 ounces; Sales of 91,733 gold ounces; Revenue of $111.3 million; Earnings from mine operations of $19.6 million; Net income of $14.9 million or $0.05 cents per share; All-in sustaining costs 1 of $966 per ounce of gold sold; AISC margin1 of $22.1 million; and Cash balance of $47.0 million at [...]
VANCOUVER, Nov. 13, 2018 /CNW/ - Leagold Mining Corp. reports the water storage facilities at the RDM mine now have sufficient volumes to support the restart of operations. RDM has commenced the recall of its workforce for an anticipated restart of the processing facility on or around November 20, 2018. The RDM mine has been on temporary shutdown [...]
Leagold Mining Corp. will announce financial and operating results for the third quarter of 2018 after market close on Wednesday, November 14, 2018. About Leagold Mining Corporation Leagold is building a mid-tier gold producer with a focus on opportunities in Latin America. The Company is based in Vancouver, Canada and owns four operating gold [...]
Leagold Mining Corp. reports that an updated feasibility study has been completed by independent consultants, RPA Inc., for the Company's Santa Luz Project in Brazil that incorporates project optimizations and updated capital and operating cost estimates . Highlights from the Updated Feasibility Study include: Capital cost to complete and re-start [...]
Leagold Mining Corp. reports that Adriaan "Attie" Roux has been appointed to a newly created role of Chief Operating Officer for an initial term of six months. Mr. Roux is a Metallurgical Engineer with over 40 years of operational, technical and executive management experience in the mining industry. Leagold CEO Neil Woodyer commented: "In line [...]
Leagold Mining Corp. reports that its RDM mine in Brazil has been placed on a temporary shutdown as a result of continued regional drought conditions. Leagold plans to align the restart of the RDM mine in early December 2018 with the commissioning of the grid powerline project. Due to the unplanned two-month shutdown of the RDM mine, Leagold plans [...]
For Q2 2018, Leagold reports financial and operating results that incorporate a partial quarter of results from the newly acquired Brazilian assets. Highlights include: Gold production of 64,517 ounces Sales of 66,982 gold ounces Revenue of $86.9 million Earnings from mine operations of $10.1 million All-in sustaining costs 1 of $950 per ounce of [...]
