Lake Shore Gold reports Q2 cash costs fell 37% Y/Y

Lake Shore Gold (LSG +3.6%) opens on a strong note after saying Q2 cash costs were ~37% below those of the same quarter a year earlier.

Preliminary cash operating cost/oz. sold for Q2 was ~$570 vs. $908 in the year-ago quarter; AISC/oz. sold in Q2 is expected at ~$810/oz., up 36% from $1,257 in Q2 2013.

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  • User 21055911
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    LSG Should or could have no debt if it wanted to in about 3 quarters with the income cash it is now generating.Wayne
    13 Jul 2014, 10:45 AM Reply Like
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