Anaconda Mining Inc.: Anaconda Mining Announces Q4 and Full Year 2020 Production Results, Achieves Record Metal Revenue of $41.5 Million
Availability (%)
17,265
Excluding the operating results from the Bulk Sample, the Pine Cove Mill Statistics specifically for production from the Point Rousse operation are as follows:
Dry tonnes processed
Operations Overview for the Year Ended December 31, 2020
Anaconda sold 17,918 ounces of gold in 2020 to generate record metal revenue of $41.5 million at an average realized gold price
1 of C$2,316 (US$1,728) per ounce, representing a 41% increase in metal revenue compared to 2019 due to a combination of significantly higher gold prices and higher gold production. During the fourth quarter, the Company sold 3,970 ounces of gold from production from its Point Rousse operations, generating metal revenue of $10.0 million at an average realized gold price
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