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Endomines expects up to 350 kilograms of gold output in FY'16

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Endomines expects up to 350 kilograms of gold output in FY'16

Endomines AB said July 6 that it expects to produce between 300 kilograms and 350 kilograms of gold for full-year 2016.

The Swedish company produced 73.7 kilograms of gold in the second quarter, down significantly from 126.6 kilograms of gold produced in the corresponding 2015 quarter.

In June, the company inked a deal to sell and supply flotation gold concentrate produced from the Pampalo gold mine for smelting at Boliden AB's Harjavalta smelter in Finland.