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Kensington gold production down in Q2


Last updated 7/19/2015 at Noon

Coeur Mining Inc. July 9 said its Kensington Mine in Southeast Alaska produced 29,845 ounces of gold during the second quarter, down about 12 percent from the 33,909 oz recovered during the first quarter. Mill throughput during the second quarter averaged a robust 1,875 tons per day, but gold grades dipped to 0.18 oz/t compared with 0.24 oz/t during the first three months of 2015. Coeur anticipates that Kensington will produce 110,000-115,000 oz of gold for full-year 2015. Overall, Coeur's operations produced 4.3 million oz of silver and 80,855 oz of gold during the second quarter.


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