Resumen: Rio Alto Mining Limited anunció que su utilidad neta fue de $ 33.2M o $0.19 por acción en los primeros tres meses de la producción comercial. Los aspectos financieros más destacados para los tres meses finalizados el 31 de marzo 2012 fueron:
- Efectivo generado por las operaciones ascendió a $ 54.6 millones
- Flujo de efectivo neto del período fue de $ 44.9 millones.
- Ingresos fueron de $ 94.6 millones.
- Cash cost de las 58 918 onzas de oro vendidas fue de $ 428 por onza.
- El cash cost total, después de impuestos y los gastos generales, fue $ 909 por onza.
Rio Alto Reports Earnings of $0.19 Per Share for Q1 2012
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 14, 2012) - Rio Alto Mining Limited ("Rio Alto") (TSX:RIO)(OTCQX:RIOAF)(LMA:RIO)(DBFrankfurt:MS2) is pleased to announce that its net income was $33.2 million or $0.19 per share for its first three months of commercial production.
- Cash generated from operations amounted to $54.6 million.
- Net cash flow for the period was $44.9 million.
- Revenue was $94.6 million.
- Cash cost was $428 per ounce of gold sold during the quarter.
Financial Highlights for the three months ended March 31, 2012 were:
Cash Cost and Total Cost per Ounce of Gold Sold:
The mine site cash cost for the 58,918 ounces of gold sold was $428 per ounce. Total, after tax and overhead, cash cost per ounce of gold sold was $909 per ounce. The determination of mine site cash and total cost per ounce is illustrated in the table below:
| (000's of dollars, except ounces and per gold ounce amounts) |
| ($ 000's) | $ per oz(1) | |||
| Production costs | $ | 19,923 | ||
| Silver by-product revenue | (78) | |||
| Lima office costs | 901 | |||
| Workers' profit share | 4,449 | |||
| Mine site costs | 25,195 | $ | 428 | |
| Vancouver office | 834 | 14 | ||
| Income tax | 15,446 | 266 | ||
| Peru Government Royalty | 5,250 | 89 | ||
| Special mining tax | 6,811 | 116 | ||
| Total cash costs | $ | 53,536 | $ | 909 |
| Ounces of gold sold | 58,918 |
| (1) |
The Company has included non-IFRS performance measures - mine site and total cash costs per gold ounce sold - within this announcement. In addition to conventional measures, the Company uses these performance measures to monitor its operating cash costs and believes they provide investors and analysts with useful information about the Company's underlying cost structure. These measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The Company reports cash costs per ounce on a sales basis. In the gold mining industry, this is a common performance measure but does not have any standardized meaning.
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At this time management expects that the La Arena Gold Mine will produce 150,000 to 160,000 ounces of gold for the year ended December 31, 2012. Production guidance will be updated after the second quarter of commercial production.
With a proven technical team, strong operating and financial performance and high quality development and exploration projects, Rio Alto is positioned to grow into an intermediate gold producer from existing projects. Based on current plans and assumptions the Company projects gold oxide production of over 200,000 ounces per year by 2014. All planned development, exploration and capital expenditures for 2012 will be completed without external funding and the Company should end the year in a stronger financial position. Rio Alto plans to pursue accretive acquisitions and carry out our planned exploration programs.
Fuente: http://www.energydigital.com
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