AuRico Gold reports eighth straight quarter of record production

|About: AuRico Gold (AUQ)|By:, SA News Editor

AuRico Gold (NYSE:AUQ) says preliminary Q2 results show an eighth consecutive quarter of record gold production, driven by strong gains at its Young-Davidson mine in Ontario.

AUQ says it produced an estimated 40,166 gold oz. at Young-Davidson, up 14% Q/Q and up 37% Y/Y, with total cash costs including the open pit mine and open pit stockpile of $871/oz.

AUQ says the mill facility significantly exceeded targeted levels and averaged 8,230 metric tons/day.