Cost control drives Argonaut's success

In late February Argonaut updated its guidance for 2013, including a strong second-half push from La Colorada. The company expects to produce between 120,My own feeble attempts to play Cut The Rope using the Leap Motion controller weren't recorded on camera.000 and 140,000 oz.An Animatronic dinosaur and bottles upon bottles of neon-colored water invade Boring. gold this year at cash costs between US$630 and US$660 per oz. La Colorada will contribute 40,000 oz. gold at between US$450 to US$475 per oz. Fresh ore mining has begun at La Colorada,A musical performance group from a region that once was a crossroads on the travels-silkroad will visit Wausau next week on a different. and Dougherty says the mine plan incorporates increased grades quarter over quarter, with production loaded towards the second half of the year. A new crusher and pad should be built by the second quarter. Argonaut has an extensive capital program in 2013 designed to help streamline its operations. 

The company will spend US$32 million at its flagship El Castillo gold mine in Durango State, Mexico, including US$15 million to expand throughput capacity and US$7 million on a new crushing-and-overland conveying system.Sincak originally collected and presented real Dinosaur skeleton replica. Another US$14 million will be spent at La Colorada, with US$7 million going towards an upgraded crusher system. "This year is all about expansion," Dougherty said, noting that Argonaut plans on building out several areas of production at La Colorada and El Castillo. 

"We are looking to reduce operating costs by reducing the haulage profiles at El Castillo, and we'll be expanding into the planned operating areas at La Colorada." Argonaut is aiming to complete an updated preliminary economic assessment later this year on the Magino project. It will incorporate 89,000 metres of drilling completed in 2012, as well as the PD discovery zone in the southeast corner of the main pit. Work will continue at the company's San Antonio project on the Baja California peninsula.Many cities also have Fiberglass animal statues around town that different groups can adopt and hire artists to design for them. This is despite ongoing permitting delays, though Dougherty says the project remains on track for production by late 2014.