Golden Minerals Company Announces Q3 2022 Gold Production
Golden Minerals Company (AUMN) has released its production results from the Rodeo gold-silver mine for Q3 2022. Key figures include gold production of 2,972 oz and silver production of 11,907 oz. The average gold grade was reported at 2.6 g/t, with a throughput of 521 tpd and recoveries of 74.6% for gold and 77.6% for silver. The realized prices for gold and silver stood at $1,703/oz and $18.72/oz respectively. Year-to-date production reflects a total of 9,584 oz of gold and 38,619 oz of silver produced in dore.
- Record gold production of 2,972 oz in Q3 2022.
- Strong silver production of 11,907 oz.
- Year-to-date gold production totals 9,584 oz.
- Realized gold price at $1,703/oz reflects market stability.
- None.
- Payable gold production: 2,972 oz Au
- Payable silver production: 11,907 oz Ag
- Payable gold equivalent production: 3,103 AuEq oz
- Average gold grade: 2.6 g/t Au
- Throughput (tonnes per day processed): 521 tpd
-
Gold recovery:
74.6% -
Silver recovery:
77.6% -
Realized gold/silver prices (before selling and refining costs):
/oz Au and$1,703 /oz Ag$18.72
2022 year-to-date production data is shown in the table below.
Rodeo Operations Statistics |
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Three Months Ended 2022 |
Three Months Ended 2022 |
Three Months Ended 2022 |
Nine Months Ended 2022 |
|||||||||
Tonnes mined (1) |
|
203,591 |
|
213,925 |
|
192,545 |
|
610,061 |
||||
Tonnes in stockpiles awaiting processing (2) |
|
10,898 |
|
21,713 |
|
23,618 |
|
23,618 |
||||
Tonnes in low grade stockpiles (3) |
|
88,559 |
|
95,932 |
|
121,202 |
|
121,202 |
||||
Tonnes processed |
|
47,437 |
|
47,479 |
|
47,947 |
|
142,863 |
||||
Average tonnes per day processed |
|
527 |
|
522 |
|
521 |
|
523 |
||||
Average gold grade processed (grams per tonne) |
|
3.1 |
|
2.6 |
|
2.6 |
|
2.8 |
||||
Average silver grade processed (grams per tonne) |
|
11.6 |
|
10.4 |
|
10.4 |
|
10.8 |
||||
Plant recovery - gold (%) |
|
75.4 |
|
75.1 |
|
74.6 |
|
75.1 |
||||
Plant recovery - silver (%) |
|
82.8 |
|
82.3 |
|
77.6 |
|
81.0 |
||||
Payable gold produced in dore (ounces) |
|
3,608 |
|
3,004 |
|
2,972 |
|
9,584 |
||||
Payable silver produced in dore (ounces) |
|
13,944 |
|
12,768 |
|
11,907 |
|
38,619 |
||||
Payable gold equivalent produced in dore (ounces) (4) |
|
3,787 |
|
3,158 |
|
3,103 |
|
10,050 |
||||
Gold sold in dore (ounces) |
|
3,855 |
|
3,060 |
|
3,018 |
|
9,933 |
||||
Silver sold in dore (ounces) |
|
14,481 |
|
13,180 |
|
11,609 |
|
39,269 |
||||
Gold equivalent sold in dore (ounces) (4) |
|
4,040 |
|
3,219 |
|
3,145 |
|
10,405 |
||||
Average realized price, before refining and selling costs | ||||||||||||
Gold (dollar per ounce) | $ |
1,887.65 |
$ |
1,864.99 |
$ |
1,703.10 |
$ |
1,824.60 |
||||
Silver (dollar per ounce) | $ |
24.24 |
$ |
22.49 |
$ |
18.72 |
$ |
22.02 |
||||
Notes: |
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(1) Includes all mined material transported to the plant, stockpiled or designated as waste |
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(2) Includes mined material stockpiled at the mine or transported to the plant awaiting processing in the plant |
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(3) Material grading between 1.6 g/t (current cutoff grade) and 1 g/t Au held for possible future processing |
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(4) Gold equivalents based on realized $ Au and $ Ag price |
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