Company Press Releases

Leagold reports temporary suspension of operations at RDM mine

VANCOUVER, Oct. 10, 2018 /CNW/ - Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) ("Leagold" or the "Company") reports that its RDM mine in Brazil has been placed on a temporary shutdown as a result of continued regional drought conditions. Leagold plans to align the restart of the RDM mine in early December 2018 with the commissioning of the grid powerline project. Due to the unplanned two-month shutdown of the RDM mine, Leagold plans to update 2018 full-year production guidance within its Q3 2018 earnings report.   Leagold CEO Neil Woo...

Leagold Appoints Attie Roux as Chief Operating Officer

VANCOUVER, Oct. 10, 2018 /CNW/ - Leagold Mining Corporation (TSX:LMC) (OTCQX:LMCNF) ("Leagold" or the "Company") reports that Adriaan "Attie" Roux has been appointed to a newly created role of Chief Operating Officer ("COO") for an initial term of six months. Mr. Roux is a Metallurgical Engineer with over 40 years of operational, technical and executive management experience in the mining industry. Leagold CEO Neil Woodyer commented: "In line with our significant growth, I am very pleased Attie has joined our team in...

Leagold Reports Q2 2018 Results and Updates 2018 Guidance to Include Recently Acquired Brazilian Operations

(All amounts in US dollars, unless otherwise indicated) For Q2 2018, Leagold reports financial and operating results that incorporate a partial quarter of results from the newly acquired Brazilian assets. Highlights include: Gold production of 64,517 ounces Sales of 66,982 gold ounces Revenue of $86.9 million Earnings from mine operations of $10.1 million All-in sustaining costs (AISC)1 of $950 per ounce of gold sold, and AISC margin1 of $23.1 million At June 30, 2018, Leagold had cash and cash equivalents of $69.4 million Following completion of the acquisition of Brio Gold, Leagold&apo...

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