Rio Alto Mining Limited (TSX:RIO, NYSE:RIOM) announced their 2012 production.
As quoted in the press release:
Gold production for 2012 amounted to 201,113 ounces, near the mid-point of the Company’s most recent gold production guidance of 190,000 to 210,000 ounces for the year. Production for the fourth quarter of the year was 40,049 ounces of gold.
Rio Alto’s President and CEO, Alex Black, said:
Production of 200,000 ounces of gold during the first year of commercial production from the La Arena Gold Mine exceeded management’s initial expectations and was due in large part to the hard work of everyone involved in mine operations. The board of directors would like to express its appreciation for the commitment and effort of everyone involved in the mine development and its operation.