Golden Star (GSS) Preliminary Q1 Production Numbers Lighter than Views
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Financial Fact:
Net income/(loss) before income tax: -1.1M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Net income/(loss) before income tax: -1.1M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Golden Star Resources Ltd. (AMEX: GSS) reports preliminary first quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations.
The Company produced a total of 77,725 ounces of gold in the first quarter ended March 31, 2012, compared with guidance of 79,000 ounces. Preliminary cash operating cost for the quarter is approximately $1,120 per ounce.
Wassa/HBB operations performed in line with expectations in the first quarter of 2012, with 36,483 ounces sold at an estimated cash operating cost of approximately $1,000 per ounce.
Bogoso/Prestea mine produced 41,242 ounces in the quarter with cash operating costs of approximately $1,220 per ounce.
The Company produced a total of 77,725 ounces of gold in the first quarter ended March 31, 2012, compared with guidance of 79,000 ounces. Preliminary cash operating cost for the quarter is approximately $1,120 per ounce.
Wassa/HBB operations performed in line with expectations in the first quarter of 2012, with 36,483 ounces sold at an estimated cash operating cost of approximately $1,000 per ounce.
Bogoso/Prestea mine produced 41,242 ounces in the quarter with cash operating costs of approximately $1,220 per ounce.
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