The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Coeur Mining Inc. Oct. 6 reported that its Kensington Mine in Southeast Alaska produced 26,459 ounces of gold during the third quarter, compared to 32,210 oz. during the previous three months. A blocked tailings line that halted mill production at the end of the third quarter is the primary reason for this 18 percent drop in gold production. Through the first nine months of this year, Kensington has produced 90,643 oz. of gold and Coeur has increased the low end of its 2016 production guidance for the Southeast Alaska mine to 120,000 ounces. Across all of its operations, Coeur produced 3.5 million ounces of silver and 84,871 ounces of gold during the third quarter.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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