Avocet Mining PLC reported operating results for the first quarter ended March 2014. For the period, the company reported total gold production was 23,148 ounces at a cash cost of USD 1,178 per ounce, compared with 25,730 ounces produced in the fourth quarter of 2013 at a cash cost of USD 1,209 per ounce and 30,481 ounces produced in the first quarter of 2013 at a cash cost of USD 1,169 per ounce. First quarter of 2014 gold production was impacted by replacement of the SAG mill base plate during March.

The company's full year gold production guidance for 2014 of between 105,000 and 115,000 ounces at a cash cost of between USD 1,000 and USD 1,100 per ounce.