{"id":779,"date":"2012-04-11T13:36:47","date_gmt":"2012-04-11T02:36:47","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/?p=779"},"modified":"2012-04-11T13:36:47","modified_gmt":"2012-04-11T02:36:47","slug":"focus-asx-fml-boosts-gold-production-by-28-in-march-quarter","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/focus-asx-fml-boosts-gold-production-by-28-in-march-quarter\/","title":{"rendered":"Focus (ASX: FML) Boosts gold production by 28% in March Quarter"},"content":{"rendered":"

If Focus maintains this production level it will move into the top tier of Australian producers<\/a> ~ likely around Alacer’s production.<\/p>\n

ASX ANNOUNCEMENT 11 April 2012
\nFOCUS MINERALS DELIVERS 47,489oz OF GOLD IN MARCH QUARTER<\/strong>
\n– Boosts gold production by 28% in March Quarter –<\/p>\n

Focus Minerals Ltd. (ASX: FML), a leading Australian gold producer and explorer, has produced 47,489oz
\nof gold for the March Quarter — a 28% increase on the December Quarter.<\/strong>
\nChief Executive Officer Campbell Baird said the growth was due to an improved performance from its
\nrecently acquired Laverton operations and ongoing, consistent output from its Coolgardie mines.
\nMr Baird said the March Quarter production numbers underlined Focus\u2019 growing status as a major
\nAustralian gold producer.<\/p>\n

\u201cWe are delivering strong production growth. On a quarterly production basis
\nwe are among the top tier of Australian gold producers,\u201d he said.<\/p>\n

Focus\u2019 Laverton operations delivered 25,636oz from its tenth ore processing campaign at the Barrick
\nGranny Smith mill, a 50 day processing campaign. Production from the Coolgardie mines was 21,853oz
\nas forecast, and in line with the preceding Quarter.<\/p>\n

\u201cWe are on track to deliver consistent, stable production at Laverton and Coolgardie with operational
\nefficiencies that will enable us to achieve margin expansion at a time of strong gold prices,\u201d<\/strong> Mr Baird said.<\/p>\n

\u201cAt Laverton we have developed three new sources of ore including the Apollo pits and are focused on
\ndelivering a structured turnaround. The improvement in performance has resulted from a combination of
\nthe number of open pits in operation giving us blended ore sources to maintain recovery and
\nthroughput. We completed Campaign 10 with over 150,000 tonnes already stockpiled on the ROM pad
\nat a grade of 1.8 g\/t in preparation for the next Campaign in the June Quarter.\u201d<\/p>\n

\u201cAt our Coolgardie operations we have also demonstrated our ability to develop and commission new
\nmines, having established two new mines there in the first half of FY 2012 to grow production.\u201d<\/p>\n

Production for the June Quarter is targeted to remain consistent with the March Quarter for both Laverton
\nand Coolgardie. The Laverton processing campaign at Barrick Granny Smith is scheduled to be 41 days
\nbut with mining from higher grade ore zones to sustain stable production. Gold production for Focus Minerals in the December Quarter was 37,098oz
\n\"fml-growth\"
\nI hold FML<\/p>\n","protected":false},"excerpt":{"rendered":"

If Focus maintains this production level it will move into the top tier of Australian producers ~ likely around Alacer’s production. ASX ANNOUNCEMENT 11 April 2012 FOCUS MINERALS DELIVERS 47,489oz OF GOLD IN MARCH QUARTER – Boosts gold production by 28% in March Quarter – Focus Minerals Ltd. (ASX: FML), a leading Australian gold producer […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-779","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=779"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}