Golden Star Resources Reports Preliminary Operational Results for the Fourth Quarter and Full Year of 2012; Provides Production Guidance for 2013
For 2012, the company produced and poured 336,348 ounces of gold, of which 331,278 ounces were sold, representing a 12% increase over 301,120 ounces produced in 2011. The full year poured gold production total of 336,348 ounces was in line with 2012 guidance, and cash operating costs are estimated to be within the guidance range of $1,040 to $1,100 per ounce.
The company provided production guidance for the year 2013. For the year, the company expects total production of 320,000 Oz to 350,000 Oz. Cash operating cost is expected to be $1,050/Oz to $1,150/Oz.