Agoracom Blog

La Mancha Swings to Profit in 2009 – Net earnings of $11.4 million

Posted by AGORACOM-JC at 1:30 PM on Monday, March 29th, 2010

La Mancha Resources Inc. announced that its consolidated gold production for 2009 reached a record 94,570 ounces of gold at an average cash cost of US$510 per ounce, compared to 71,550 ounces of gold produced in 2008 at an average cash cost of US$512 per ounce.


  • Production of 94,570 ounces of gold, up 32% compared to 2008
  • Cash costs per ounce stable at US$510 per ounce
  • Net earnings of $11.4 million
  • Cash flow from operating activities of $30.9 million
  • Cash and short term investments strong at $21.5 million
  • Fourth mine started up in March 2010

La Mancha is an AGORACOM Client.

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