Also copper production increased - by 24 percent
Gold and copper miner Orvana, which owns mines in Spain and Bolivia, has achieved a new quarterly consolidated gold production record of 26 414 oz in the third quarter of fiscal 2017. Consolidated gold equivalent production reached 35 292 oz in the quarter, a 27 percent improvement on the 27 683 oz produced in the second quarter.
The El Valle mine, in northern Spain, produced 13 705 oz of gold in the third quarter, a 15% increase on the 11 917 oz produced in the second quarter. Copper production increased by 24 percent quarter-on-quarter to 1.86-million pounds. The mine also produced 55 682 oz of silver in the quarter, compared with 51 080 oz in the second quarter.
Orvana’s Don Mario mine, in Bolivia, completed its first full quarter of commercial production from a recommissioned carbon-in-leach (CIL) circuit, lifting gold production by 48 percent quarter-on-quarter, to 12 709 oz.
