Golden Minerals Company Produces 3,004 oz Gold During Q2 2022
Golden Minerals Company (AMEX: AUMN) reported its second-quarter production results from the Rodeo mine in Mexico, revealing significant outputs. The company achieved 3,004 ounces of payable gold and 12,768 ounces of payable silver, translating to a total of 3,158 gold equivalent ounces. The average gold grade was reported at 2.6 g/t, with a daily processing throughput of 522 tonnes. The company realized an average gold price of $1,865 per ounce and silver at $22.49 per ounce for the period.
- Payable gold production reached 3,004 ounces.
- Payable silver production totaled 12,768 ounces.
- Average gold grade processed was 2.6 g/t.
- Average gold price realized was $1,865 per ounce.
- Gold recovery rate declined to 75.1% from 75.4%.
- Silver recovery rate decreased to 82.3% from 82.8%.
- Payable gold production: 3,004 oz Au
- Payable silver production: 12,768 oz Ag
- Payable gold equivalent production: 3,158 AuEq oz
- Average gold grade: 2.6 g/t Au
- Throughput (tonnes per day processed): 522 tpd
-
Gold recovery:
75.1% -
Silver recovery:
82.3% -
Realized gold/silver prices (before selling and refining costs):
/oz Au and$1,865 /oz Ag$22.49
Full production data is shown in the table below:
Three Months Ended
|
Three Months Ended
|
Six Months Ended
|
||||
Total tonnes mined (1) | 203,591 |
|
213,925 |
|
417,516 |
|
Total tonnes in stockpiles awaiting processing (2) | 10,898 |
|
21,713 |
|
21,713 |
|
Total tonnes in low grade stockpiles (3) | 88,559 |
|
95,932 |
|
95,932 |
|
Tonnes processed | 47,437 |
|
47,479 |
|
94,916 |
|
Average tonnes per day processed | 527 |
|
522 |
|
524 |
|
|
|
|
|
|
||
Average gold grade processed (grams per tonne) | 3.1 |
|
2.6 |
|
2.9 |
|
Average silver grade processed (grams per tonne) | 11.6 |
|
10.4 |
|
11.0 |
|
|
|
|
|
|
||
Plant recovery - gold (%) | 75.4 |
|
75.1 |
|
75.3 |
|
Plant recovery - silver (%) | 82.8 |
|
82.3 |
|
82.6 |
|
|
|
|
|
|
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Payable gold produced in dore (ounces) | 3,608 |
|
3,004 |
|
6,612 |
|
Payable silver produced in dore (ounces) | 13,944 |
|
12,768 |
|
26,712 |
|
Payable gold equivalent produced in dore (ounces) (4) | 3,787 |
|
3,158 |
|
6,945 |
|
|
|
|
|
|
||
Gold sold in dore (ounces) | 3,855 |
|
3,060 |
|
6,915 |
|
Silver sold in dore (ounces) | 14,481 |
|
13,180 |
|
27,661 |
|
Gold equivalent sold in dore (ounces) (4) | 4,040 |
|
3,219 |
|
7,260 |
|
|
|
|
|
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Average realized price, before refining and selling costs |
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Gold (dollar per ounce) |
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Silver (dollar per ounce) |
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(1) Includes all mined material transported to the plant, stockpiled or designated as waste
(2) Includes mined material stockpiled at the mine or transported to the plant awaiting processing in the plant
(3) Material grading between 1.6 g/t (current cut off grade) and 1 g/t Au held for possible future processing
(4) Gold equivalents based on realized $ Au and $ Ag price
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FAQ
What were the production figures for AUMN's Rodeo mine in Q2 2022?
What is the average gold recovery rate for Golden Minerals in Q2 2022?
What was the average realized gold price for AUMN in Q2 2022?