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22/10/2014 10:48

Zijin Mining's Australian unit 3Q gold output up 10.9% QoQ

    Norton Gold Fields Limited, a subsidiary of Zijin Mining (02899) listed on the Australian Securities Exchange, said its gold production for the third quarter of 2014 amounted to 46,947 oz, an increase of 10.9% from the previous quarter.
  In the same period, it shipped 47,588 ounces of gold. 
  The C1 cash cost for the September 2014 quarter at A$819 per oz was lower than previous quarters mainly due to improved mined and milled grades, above forecast throughput and milled tonnes, resulting in increased gold production and lower unit costs. 

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