Teranga Gold Reports Record First Quarter Production, One of the Best Quarters in Company History
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/11/16 -- Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ)(ASX: TGZ) today announced its production results for the quarter ended March 31, 2016.
Teranga's gold production for the first quarter of 2016 was 70,727 ounces. Record high mill throughput, together with the benefit of high-grade material deferred from last year, underpinned the quarter's results.
"We are pleased that 2016 is off to a strong start with record first quarter production and one of our best quarters ever," stated Richard Young, President & Chief Executive Officer of Teranga. "The solid start to the year puts us on track to meeting our full year production guidance of 200,000 to 215,000 ounces."
First Quarter Results Conference Call & Webcast Details
Teranga also announced that it will release its first quarter 2016 financial and operating results on Friday, April 29, 2016 at approximately 6:00 a.m. (ET). The release will be followed by a conference call and audio webcast later that morning at 8:30 a.m. (ET). Richard Young, President and Chief Executive Officer, and Navin Dyal, Vice President and Chief Financial Officer, will review Teranga's results and discuss the quarter's highlights.
Those wishing to listen can access the live conference call and audio webcast as follows:
About Teranga Gold
Teranga is a Canadian-based gold company listed on the Toronto Stock Exchange (TSX: TGZ) and Australian Securities Exchange (ASX: TGZ). Teranga is principally engaged in the production, sale and exploration of gold in Senegal, West Africa.
Teranga's mission is to create value for all of its stakeholders through responsible mining. Its vision is to be the pre-eminent mid-tier gold producer in Senegal and Greater West Africa, and to be a catalyst for sustainable economic, environmental and community development in accordance with the highest international standards. From exploration to development and operations through to mine closure, all of Teranga's actions aim to apply the best available techniques. For more information, please refer to .
Contacts:
Teranga Gold Corporation
Richard Young
President & CEO
+1 416-594-0000
Teranga Gold Corporation
Trish Moran
Head of Investor Relations
+1 416-607-4507
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Bereitgestellt von Benutzer: Marketwired
Datum: 11.04.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 462974
Anzahl Zeichen: 6389
contact information:
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TORONTO, ONTARIO
Kategorie:
Mining & Metals
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