Golden Queen Mining Co. Ltd. reported consolidated earnings and operating results for the first quarter ended March 31, 2018. For the quarter, the net loss attributable to the company was $5.4 million (or $0.03 on a basic and diluted basis), compared to a net loss of $2.4 million (or $0.02 on a basic and diluted basis), for the corresponding period in 2017. The company had revenues from operations during the three months ended March 31, 2018 in the amount of $9.6 million from the sales of 6,529 ounces of gold and 53,612 ounces of silver.

Total gold production was 6,579 ounces, silver production was 58,024 ounces. Average gold and silver grade placed this quarter was 0.019 ounces per ton gold and 0.313 ounces per ton silver.