BRIEF-Torex Gold Resources Inc Q2 Revenue $101.8 Million

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Torex Gold Resources Inc. is a well funded, growth oriented Canadian mining company engaged in the exploration and development of precious metal resources with a focus on gold.

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BRIEF-Torex Gold Resources Inc Q2 Revenue $101.8 Million

posted on Aug 09, 2018 07:07AM

2018-08-09 06:15:40 AM ET (Reuters)

Aug 9 (Reuters) - Torex Gold Resources Inc:

* GOLD PRODUCED IN QUARTER TOTALLED 78,796 OUNCES IN DORE, AND AN ADDITIONAL 1,300 OUNCES IN CARBON FINES

* MINE PRODUCTION IN QUARTER TOTALLED 7,155 KT, AVERAGED 78,629 TPD

* PLANT THROUGHPUT IN QUARTER OF 1,000 KT, AVERAGED 10,989 TPD

* TOREX GOLD RESOURCES - GOLD SOLD FOR QUARTER TOTALLED 77,646 OUNCES FOR TOTAL PROCEEDS OF $101.1 MILLION

* TOREX GOLD RESOURCES - ALL-IN SUSTAINING COSTS OF $1,017 PER OUNCE OF GOLD SOLD FOR QUARTER

* FULL YEAR GUIDANCE IS UNCHANGED

* QTRLY REVENUE TOTALLED $101.8 MILLION

* EARNINGS FROM MINE OPERATIONS TOTALLED $23.5 MILLION FOR QUARTER

* TOREX GOLD RESOURCES - NET LOSS AFTER CURRENT AND DEFERRED INCOME TAX EXPENSE TOTALLED $12.3 MILLION OR $0.14 SHARE FOR QUARTER

* TOREX GOLD RESOURCES - ADJUSTED NET EARNINGS, WHICH EXCLUDES CERTAIN ITEMS, TOTALLED $0.13 PER SHARE FOR QUARTER

* Q2 EARNINGS PER SHARE VIEW $0.11, REVENUE V IEW $92.0 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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