Wednesday, 18th August 2004 (2763 views)

Canadian mining firm High River Gold Mines has released its financial results for the three months ending June 30, with consolidated net income increasing to CAN$1.7 million during the period.

Figures from the company also showed that attributable gold production was 28,468 ounces, with a number of feasibility studies completed for gold projects in Taparko-Bouroum, Berezitovy and Taparko.

During the quarter High River also acquired Bouroum gold reserves from Axmin.

According to the firm, key highlights in its production results include the Buryatzoloto site, which produced 73,011 ounces of gold in the first six months of this year.

In addition, New Britannia gold production also performed well with 29,146 ounces produced during the period.

 

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