Canadian miner posts record revenues, expands gold production in 2020

Photo: Great Panther Mining

Canadian miner Great Panther Mining has announced it de-livered record mine operating earnings of C$83.9 million (US$66.3 mil-lion) last year, and increased its overall gold equivalent production some to 150,051 oz.

 

“In 2021, consolidated gold equivalent production from the Tucano, Topia and GMC mines is expected to be 135,000 to 150,000 Au eq oz, with the second half of 2021 expected to account for a least 55% of the annual production guidance,” the miner said in a statement.

 

The company’s assets include the Tucano mine in Brazil, and the Topia and the Guanajuato mine complexes in Mexico.

 

“The mine plan for Tucano also reflects more stripping in the first half of 2021 and therefore AISC is expected to be higher than the annual guid-ance in the first half of 2021,” according to Great Panther Mining.