Nordgold increased gold production by 7% in H1
Edited by Rhod Mackenzie / 2015-07-22 12:54:34
Nordgold increased gold production in Russia and overseas by 7% in H1 against H1 2014 to 507.5 thousand ounces (15.78 tons).
Gold sales in H1 rose by 12% to 531.3 thousand ounces. The average price of gold sale fell by 6% to $1,213/ounce. The company’s revenue in H1 rose by 4% to $644.6 mln by means of the growth of production and sales and despite of the low price for gold.
The company’s non-audited net debt as of June 30th 2015 made up about $546 mln against $528.7 mln as of March 31st.
