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Coeur Mining, owners of Kensington Mine, are reporting sales of $746 million in precious metals through 2013.
Kensington Gold Mine reports strong 2013 production 030514 NEWS 1 For the Capital City Weekly Coeur Mining, owners of Kensington Mine, are reporting sales of $746 million in precious metals through 2013.
Wednesday, March 05, 2014

Story last updated at 3/5/2014 - 2:01 pm

Kensington Gold Mine reports strong 2013 production

Coeur Mining, owners of Kensington Mine, are reporting sales of $746 million in precious metals through 2013.

The production figures were first reported by KINY-AM radio in Juneau.

According to Coeur Mining's report, gold production was up 40 percent, to 114,821 ounces. Silver production fell 6 percent from 2012 figures.

Company officials expect to keep production strong in 2014. Chief operating officer Frank Hanagarne said the mine will increase throughput even as ore grades fall while miners drill toward higher-grade ore.

Coeur Mining reported spending $5.7 million in the fourth quarter of 2013 on reserve drilling and expanding the mine's underground works.


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