Auriant Mining reiterated forecast for 2013 production
Consolidated revenue from gold and gold equivalents for 9 months 2013 increased by 95% to MSEK 230.3 (US$ 35.8 m) compared to 9 months 2012 in amount of MSEK 118.1 (US$ 18.1 m).
Total production of gold for the reporting period increased by 150% to 843.7 kg (27,126 oz) from 337 kg (10,835 oz) in 9 months 2012.
EBITDA for the period was positive at MSEK 8.2 (US$ 1.3 m) compared to 9 months 2012 of MSEK 7.8 (US$ 1.2 m).
The net result after tax for the period was MSEK -34.0 (US$5.3 m) compared to 9 months 2012 in amount of MSEK - 33.0 (US$ -5.1 m). Earnings per share before and after dilution for 9 months 2013 were equal to SEK - 1.91 (US$ - 0.30) compared to 9 months 2012 - SEK - 1.88 (US$ -0.29).
Drilling programme at Tardan has been completed.
Company reiterates its forecast for overall 2013 gold production of 1,000 -1,200 kg (32,150 -38,580 oz).
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