Fourth quarter highlights were the following:
Full year gold production and costs were better than guidance.Produced 362,234 ounces of gold in the fourth quarter, including 348,130 ounces at Kumtor and 14,104 ounces at Boroo.
Increased revenues to $468.9 million compared to $368.5 million in the same quarter of 2012.
All-in sustaining costs per ounce sold were $433 in fourth quarter and $818 for the full year.
All-in costs per ounce sold were $474 in the fourth quarter and $920 for the full year.
Increased indicated resources at the Öksüt project in Turkey by 60% to 1.1 million contained ounces of gold.
Proven and probable gold reserves total 10.2 million ounces of contained gold.
Cash provided by operations was $359.5 million compared to $209.1 million in the fourth quarter of 2012.
Entered into a non-binding Heads of Agreement with the Kyrgyz Republic in connection with the potential restructuring of the Kumtor project, replaces MOU signed in September 2013.
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Exchange Rate
Foreign shares
| New York Stock Exchange | ||
| Name | Closing | Changes |
| BHP Billiton Ivanhoe Mines |
90.53 23.3 |
1.44 0.00 |
| Australian Stock Exchange | ||
| Name | Closing | Changes |
| General Mining Corp Aspire Mining Limited |
0.145 0.52 |
0.00 -0.02 |
| London Stock Exchange | ||
| Name | Closing | Changes |
| Petro Matd Limited polo Resources Limited |
123.5 5.4 |
0.00 0.02 |
| Hong Kong Stock Exchange | ||
| Name | Closing | Changes |
| Mongolian Mining Corporation Mongolia Energy |
9.59 1.14 |
0.00 -0.06 |
| Toronto Stock Exchange | ||
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Ord.mn Mongolian National Mining Information Portal
All rights reserved copyright © 2013
All rights reserved copyright © 2013
