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Gran Colombia Reports First Quarter 2021 Gold Production


Gran Colombia Reports First Quarter 2021 Gold Production
April 13, 2021 07:00 ET
| Source:
Gran Colombia Gold
Gran Colombia Gold
Toronto, Ontario, CANADA
TORONTO, April 13, 2021 (GLOBE NEWSWIRE) Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 18,643 ounces of gold at its Segovia Operations in March 2021 bringing the total gold production for the first quarter of 2021 to 49,058 ounces compared with 50,346 ounces in the first quarter of 2020. The Company also produced 57,315 ounces of silver in the first quarter of 2021, up from 45,918 ounces of silver in the first quarter last year.
Lombardo Paredes, Chief Executive Officer of Gran Colombia, commenting on the Company’s latest results, said, “We had a solid month in March, our second consecutive month above the 1,500 tpd level at our Maria Dama processing plant at our Segovia Operations. Based on our plan ....

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Gran Colombia on track to meet full-year guidance


Gran Colombia on track to meet full-year guidance
Gran Colombia produces most of its gold from the Segovia operations. Credit: Gran Colombia.
Gran Colombia Gold (TSX: GCM) announced on Tuesday that it produced a total of 18,643 ounces of gold at its Segovia operations in March 2021, bringing total gold production for the first quarter of 2021 to 49,058 ounces compared with 50,346 ounces in the first quarter of 2020.
The company also produced 57,315 ounces of silver in the first quarter of 2021, up from 45,918 ounces in the first quarter last year.
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The Segovia operations processed an average rate of 1,565 tpd in March 2021 with an average head grade of 13.32 g/t. This brought the average for the first quarter of 2021 to 1,470 tpd of material processed at an average head grade of 12.83 g/t, compared with 1,284 tpd at an average head grade of 14.87 g/t in the first quarter last year. ....

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Record 2020 revenues, operating cash flow from Gran Colombia - Canadian Mining Journal


Record 2020 revenues, operating cash flow from Gran Colombia
April 1, 2021
Commodities
Colombia-focused miner
Gran Colombia Gold (TSX: GCM) has released its fourth-quarter and full-year 2020 financial results, its last reporting period with the Marmato mine, which was
sold to Aris Gold (TSX: ARIS) in February. (Gran Colombia owns a 44% stake in Aris.) The financials include record year-end revenues of US$390.9 million (US$99.7 million in the fourth quarter) and new highs for cash flow from operations, at US$136.4 million for the year (US$30.4 million in the last quarter).
With full-year free cash flow of US$73.6 million, Gran Colombia closed out the year with US$122.5 million in total cash, compared to US$84.2 million at the end of 2019. ....

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