for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

BRIEF-Roxgold Reports Q4 Financial Results

March 28 (Reuters) - Roxgold Inc:

* ROXGOLD REPORTS 2017 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS - STRONG CASH FLOW DRIVEN BY ROBUST OPERATING PERFORMANCE IN FIRST FULL YEAR OF OPERATION

* PRODUCED 35,016 OUNCES OF GOLD FOR THREE-MONTH PERIOD ENDED DECEMBER 31, 2017

* ROXGOLD- FOR THREE-MONTH PERIOD ENDED DECEMBER 31, 2017, ACHIEVED TONNES MINED OF 108,094 TONNES LEADING TO QUARTERLY MILL THROUGHPUT OF 70,815 TONNES

* SEES 2018 GOLD PRODUCTION BETWEEN 110,000 AND 120,000 OUNCES

* SEES 2018 UNDERGROUND CAPITAL EXPENDITURE BETWEEN $22 MILLION AND $26 MILLION

* SEES CASH OPERATING COST BETWEEN $450 AND $500/OUNCE IN 2018

* IN 2018, COMPANY EXPECTS TO SEE A GREATER PROPORTION OF MILL FEED MET BY STOPING ACTIVITIES AS OPPOSED TO ORE DEVELOPMENT Source text for Eikon: Further company coverage:

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up