Q4 F2009 Highlights
Interim Consolidated Financial Statements – three months and year ended December 31, 2009 (Unaudited)
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Interim Consolidated Financial Statements [58KB] |
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Q3 F2009 Highlights
Overview
- As a result of reaching agreements for the sale of the assets of Nalunaq Gold
Mine, the Nugget Pond Processing facility and the Maco property, the results of
the continuing operations of the Company will reflect only LEFA and corporate
overheads
- Total gold sold in the quarter was 45,663 oz at an average realised price of
$957/oz (Q3 2008 – 71,769 oz sold at an average realised price of $871/oz)
- Total gold sold for the nine months ended September 30, 2009 was 182,596 oz
at an average price of $921/oz (nine months ended September 30, 2008 –
198,166 oz at an average price of $898/oz)
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Financial results for the nine months ended 30 September 2009 [PDF - 157KB] |
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MD&A for the quarter ended 30 September 2009 [PDF - 196KB] |
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Q2 F2009 Highlights
Overview
- Total gold sold in the quarter was 60,525 oz at an average realised price of $926/oz (Q2
2008 – 65,737 oz sold at an average realised price of $913/oz)
- Total gold sold for the six months ended June 30, 2009 was 136,933 oz (six months ended
June 30, 2008 – 126,397 oz)
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Financial results for the three months ended 30 June 2009 [PDF - 134KB] |
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MD&A for the quarter ended 30 June 2009 [PDF - 181KB] |
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Conference call details [PDF - 63KB] |
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Certification of Interim Filings - Full Certificate [PDF - 78KB] |
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Conference call |
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Q1 F2009 Highlights
Overview
- Quarterly group gold production of 62,847 ounces (“oz”) compared to 61,579 oz in Q1
2008
- Quarterly group gold sold of 76,408 oz at an average realised price of $895/oz (Q1 2008 –
60,660 oz sold at an average realised price of $913/oz)
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Financial results for the three months ended 31 March 2009 [PDF - 66KB] |
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MD&A for the quarter ended 31 March 2009 [PDF - 141KB] |
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Conference call details [PDF - 67KB] |
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Conference call |
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Year end F2008 - Q4 F2008
Overview
- Q4 gold production increased by 61% to 75,257 ounces (“oz”) from 46,894 oz in 2007
- Gold sold in quarter of 64,011 oz (Q4 2007 – 41,829 oz)
- Net loss of $5.8 million for the quarter due mainly to impairment charges of $28.6 million
for Maco and the further write-down of goodwill of $22.2 million relating to LEFA reporting
unit, offset by non-cash foreign exchange gains of $45.7 million on translation of the
Norwegian kroner (“NOK”) denominated debt
- Raised net proceeds of $14.6 million from fully subscribed rights issue of 42.5 million postconsolidation
common shares in December
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Audited Financial Statements for the year ended 31 December 2008 [PDF - 1MB] |
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MD&A for the year ended 31 December 2008 [PDF - 182KB] |
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Conference call details [PDF - 68KB] |
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Q3 F2008 Highlights
Overview
- Quarterly gold production of 66,996 ounces (“oz”) (up 34% from 49,871 oz in Q3 2007)
- Nine months’ gold production of 198,288 ounces (up 69% from 117,123 oz for the nine months to Q3 2007)
- 73,554 oz poured and 71,769 oz sold in the quarter at an average realised gold price of $871/oz
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Financial results for the nine months ended 30 September 2008 [PDF - 85KB] |
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MD&A for the nine months ended 30 September 2008 [PDF - 185KB] |
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Conference call details [PDF - 68KB] |
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Q2 F2008 Highlights
Overview
- Quarterly gold production of 69,912 ounces (“oz”) (up 52% from 45,935 oz in Q2 2007)
- 64,942 oz poured and 65,737 oz sold at an average realised gold price of $913/oz
- Raised net proceeds of $59.5 million from the private placement of 49.9 million shares
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Financial results for the six months ended 30 June 2008 [PDF - 76KB] |
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MD&A for the six months ended 30 June 2008 [PDF - 185KB] |
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Conference call details [PDF - 56KB] |
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Q1 F2008 Highlights
Overview
- Quarterly production increased by 88% to 44,914 ounces (“oz”) from 23,920 oz in 2006
- Completed an equity placement of 41,922,487 common shares raising $ 63.3 million
- Acquired remaining 17.5% of Nalunaq Gold Mine to become 100% owner
- Sold 15 million Intex Resources ASA (“Intex”, formerly known as Crew Minerals ASA)
shares raising $33.2 million, net of transaction costs
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Financial results for the three months ended 31 March 2008 [PDF - 67KB] |
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MD&A for the three months ended 31 March 2008 [PDF - 205KB] |
