Jan 13 (Reuters) - Argonaut Gold Inc AR.TO :
* Meets production guidance with 139,059 gold equivalent ounces and increases
cash balance to $46 million
* Sees for 2016 gold production of 130,000-140,000 gold equivalent ounces
* Says "2015 was a challenging year for the industry and investors"
* Expects capital spending for 2016 to be $23 million
* Had produced 30,399 gold equivalent ounces during the fourth quarter ended
December 31, 2015
* Source text for Eikon ID:nMKWpBRFRa
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