GV GoldТs output rises 36% to 304,000 ounces in 2018 - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

GV GoldТs output rises 36% to 304,000 ounces in 2018

MOSCOW, Jan 28 (PRIME) -- Gold output of GV Gold rose 36% to 304,300 ounces in 2018 thanks to higher efficiency on all facilities and as the plants on Taryn and Ugakhan reached their design capacity, the company said in a statement on Monday.

Sales grew 37% to 299,000 ounces with the average price amounting to U.S. $1,255 per ounce, and revenue rising 32% to $357 million.

GV GoldТs net debt amounted to $72 million as of the end of 2018, more than halving on the year.

In 2019, the company plans to produce 305,000Ц325,000 ounces of gold.

End

28.01.2019 11:29
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 73.9766 +0.0282 21 aug
USD 66.7840 +0.1758 21 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1275.42 +0.86 13:18 21 aug
micex 2674.15 +0.05 13:18 21 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 231.12 -0.18 13:03 21 aug
lkoh 5313.50 -0.24 13:03 21 aug
rosn 412.90 +1.23 13:03 21 aug
sber 217.09 +0.50 13:03 21 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 73.7950 -0.5225 14:59 21 aug
USDTD 66.6600 -0.1050 17:44 21 aug