Jan 25 (Reuters) - Primero Mining Corp P.TO :
* Increases production by 15% and lowers aisc by 20% in 2015; expects
additional cost reductions in 2016
* Says fourth quarter production of 68,155 gold equivalent ounces
* Says expects a 10% all-in sustaining cost reduction will be achieved in 2016
compared to 2015
* Sees capital spending in 2016 of $82.4 million
* Says Primero expects an increase in 2016 production of up to 8% relative to
2015
* Expects Q1 production to be lower than the quarterly average due to the
"implementation of improved safety procedures at San Dimas"
* Says 2016 aisc are expected to decrease by an additional 10% compared to 2015
to between $850 and $900 per gold ounce
* Source text for Eikon Further company coverage P.TO