Gold and Silver

Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold

Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold
Mining News Pro - Pretium Resources (TSE:PVG) produced 111,340 ounces of gold and generated revenue of $146.5 million during its second quarter, which was announced yesterday.
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Pretium Resources (TSE:PVG) produced 111,340 ounces of gold and generated revenue of $146.5 million during its second quarter, which was announced yesterday.

The company is up 18.5% today to $12.04 a share.

The company said all-in-sustaining costs per ounce of gold was $648. Mill feed grade averaged 14.9 grams per tonne gold for the quarter with gold recoveries averaging 97.7%.

Pretium is an intermediate gold producer operating in northern British Columbia.

Pretium was  hammered in January  after announcing disappointing production and cost forecasts.


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