Currently viewing Global edition

Mercedes underperformance weighs on Premier's Q3 results

Canada’s Premier Gold has had a tough September quarter as gold and silver production tumbled 18% and 58% year-on-year, respectively, mainly owing to operating challenges at the 100%-owned Mercedes mine in Mexico.

Mercedes underperformance weighs on Premier's Q3 results Mercedes underperformance weighs on Premier's Q3 results Mercedes underperformance weighs on Premier's Q3 results Mercedes underperformance weighs on Premier's Q3 results Mercedes underperformance weighs on Premier's Q3 results

Premier Gold's Mercedes mine in Mexico put in a poor Q3 performance

Consolidated production during the quarter was 16,484oz gold and 37,856oz silver, compared with 20,100oz and 89,512oz a year earlier.