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BRIEF-Trevali Mining Reports Consolidated Q4 Production Of 103 Mln Pounds Payable Zinc

Published 2019-01-17, 08:29 a/m
Updated 2019-01-17, 08:30 a/m
© Reuters.  BRIEF-Trevali Mining Reports Consolidated Q4 Production Of 103 Mln Pounds Payable Zinc

Jan 17 (Reuters) - Trevali Mining Corp TV.TO :

* TREVALI ANNOUNCES PRELIMINARY Q4-2018 PRODUCTION RESULTS AND PROVIDES 2019 PRODUCTION AND COST GUIDANCE

* CONSOLIDATED Q4 PRODUCTION OF 103 MILLION POUNDS PAYABLE ZINC

* CONSOLIDATED Q4 PRODUCTION OF 9.7 MILLION PAYABLE POUNDS OF LEAD

* CONSOLIDATED Q4 PRODUCTION OF 285,423 PAYABLE OUNCES OF SILVER

* 2019 ZINC PRODUCTION GUIDANCE OF 361 - 401 MILLION PAYABLE POUNDS

* TREVALI MINING - ZINC CONCENTRATE INVENTORIES REDUCED TO 57,000 DMT AT YEAR END, A 26,000 DMT REDUCTION FROM Q3

* OPERATING COSTS IN 2019 ARE EXPECTED TO BE HIGHER THAN THOSE IN 2018

* 2019 LEAD PRODUCTION EXPECTED TO MODESTLY INCREASE TO 44 TO 49 MILLION PAYABLE POUNDS

* 2019 SILVER PRODUCTION EXPECTED TO MODESTLY INCREASE TO 1.32 TO 1.47 MILLION OUNCES

* CONSOLIDATED OPERATING. COSTS ARE FORECAST TO RANGE FROM $69 - $76 PER TONNE IN 2019

* FOR 2019, SEES INVESTMENT OF AT LEAST $8.4 MILLION ON ABOUT 36,300 METRES OF DIAMOND DRILLING FROM SURFACE AND UNDERGROUND

* 2019 CAPITAL AND COMMITTED EXPLORATION EXPENDITURES EXPECTED TO BE $74 MILLION AND $8 MILLION, RESPECTIVELY

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