Timmins Gold Reports for the 3. Quarter 2013 Income of 4,8 Million $


Vancouver, British Columbia – Timmins Gold Corp. (TSX: TMM, NYSE MKT: TGD) (the “Business”) are the financial results of the Company for the year ended 30. September ending 3. Quarter 2013 known. When comparing the three month period are used to 30. September 2012. All results are, Unless otherwise stated,, reported in U.S. dollars. Readers are advised, for detailed information and analysis of the opinion of management (Management’s Discussion and Analysis) for the 3. Quarter 2013 and to consult the summary of the interim financial report.


- The revenue from metals amounted compared to the same period (41,7 Million $) on 38,1 Million $. This represents a decrease of 9 % compared to revenue in the previous year, mainly due to the continued low gold price since April 2013 is attributable. This was offset by the increase in production. The average London PM Fix price was compared to the same period (1.652 $ pro Unze) on 1.326 $ pro Unze. This represents a decrease of 20 % over the previous year.

- Profit from operations amounted to 9,3 Million $ below the prior-year period (19,2 Million $). This represents a decrease of 52 % over the previous year, which is mainly due to the decline in revenue due to lower gold price.

- The revenue was 4,8 Million $ or. 0,03 $ per share, in the same period of the prior year 13,7 Million $ or. 0,09 $ per share. This represents a decrease of 65 % or. 70 % over the previous year.

- Cash flow from operations before changes in non-cash working capital was 13,7 Million $ or. 0,09 $ per share, in the same period of the prior year 22,5 Million $ or. 0,16 $ per share.

- The Barmittel per 30. September 2013 were to invest 10,3 Million $ in exploration, Plant expansion and spending on back stripping excepted from 14,4 Million $. The Barmittel per 30. September 2012 were to invest 8,1 Million $ in exploration, Plant expansion and spending on back stripping excepted from 28,3 Million $.

- The company achieved a record result in the production of 29.139 Ounces of gold and sold 28.637 Ounces of gold, which also corresponds to a record turnover. The values ​​in the same period last year stood at 25.153 or. 25.153 Ounces of gold. This results in a funded ounces, an increase of 16 % and an increase in ounces sold to 14 % over the previous year, This is due to the higher flow rate and higher capacity interrupter.

- The cash costs per ounce were based on the by-products 738 $ (Total cash costs /”all-in sustaining cash cost” per ounce, based on the by-products: 898 $), compared with 668 $ (Total cash costs /”all-in sustaining cash cost”) per ounce, based on the by-products: 884 $) in the same period of the previous year. The increase in cash costs was mainly due to lower ore grades of 0,77 Gramm Gold pro Tonne (g / t Au) in the current quarter compared to the same quarter last year (0,89 g / t Au). Moreover, due to a change in the calculation method were around because of the gold price fall 50 % added cost of mining in the context of the still unprocessed ore supply. This results in an increase in cash costs per ounce to 16 $ pro Unze. These increases are partially offset by the cost reduction measures.

- In July 2013 the company announced, that the installation of a new circuit breaker and the start of operations at La chicharra be postponed, until a new mine plan is.

In August 2013 the company signed an agreement with an equipment manufacturer, to the outstanding amount of an asset purchase, worth a total of 4,9 Million $ (excluding. Sett.) to finance. The company had already in advance 1,5 Million $ (excluding. Sett.) paid. With regard to the financing of an annual interest rate was 7,2 % agreed. The outstanding amount of 3,4 Million $ (excluding. Sett.) is 36 To pay monthly installments, in which the principal payments to each 0,1 Million $ are included.


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(1) The previously published data for total assets for the year ended 30. September 2012 ending quarter were affected by the introduction of IFRIC 20 directives. The net effect (26.381 $) consists of a decrease in inventory (931.524 $), by an increase in the mineral concessions, Plant and equipment (905.143 $) compensate.

“In the 3. Quarter, the company 29.139 Achieve a record result conveyor ounces of gold. We were able to generate free cash flow in the quarter, despite significant investments. The extension of the existing circuit breaker went smoothly and it is already having an advantage due to the higher throughput noticeable”, Alleged Bruce Bragagnolo, CEO von Timmins Gold Corp. “At current gold prices, the company is able to finance itself and expected in the remaining months of the year 2013 free cash flow. The new Ressourcen-/Reservenschätzung and mine planning will be published soon.”

Memory: Teleconference on the results of 3. Quarter 2013

The company management is on 30. October 2013 at 10 Clock in the morning (Eastern time) turn a teleconference, to the financial results for the 3. Quarter 2013 to discuss. Participants in the teleconference are asked, to on-line through a link on the website of Timmins Gold (www.timminsgold.com) register. Please access key 845689 Enter or use the following link:


Once you have entered your data, You receive an access key and a PIN code, of them to participate in the teleconference on 30. October entitled. To participate, please dial the freephone number 1-888-789-9572 (Canada and USA) or 1-416-695-7806 (International) select and enter your personal access key and pin code. The teleconference will be recorded and can be up 5. November 2013 under the access number 1-800-408-3053 (Canada and USA) or 1-905-694-9451 (International) and providing the access key 4685359 be retrieved. In addition, an audio webcast (live and recorded) on the Company's website at www.timminsgold.com.

Über Timmins Gold

Timmins Gold has built a commercial gold mining operation in its company-owned San Francisco gold property in Sonora State, Mexico. The mine is a heap leach over day and is in 2013 laut Prognosen von Timmins Gold 118.000 Produce ounces of gold.

For the Board: For more information, contact:

Bruce BRAGAGNOLO, LLB Alex P. Tsakumis
Chief Executive Officer Vice President, Corporate Development
604-638-8980 604-638-8976
bruce@timminsgold.com alex@timminsgold.com

Neither the TSX nor its Regulation (designated in the policies of the TSX as Regulation Services Provider) or. The New Yorker Börse (NYSE MKT) assume no responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements, In accordance with the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and the Canadian securities laws were made. Forward-looking statements are statements, which relate to future events. Such statements include u.a. Estimates, Forecasts, and statements regarding the expectations of management companies, which u.a. to the future development of the business, financial development, Various calculations and estimates, future trends, Plans, Strategies, Goals and expectations relating. This includes production, Exploration drilling, Reserves and Resources, Exploitation activities and events or future. to the future operations. Information, which are derived from the analysis of drill, and information on the resource estimates may also be deemed forward-looking statements, because it is here to make predictions regarding the eventual findings of an actual project development.

In some cases, such forward-looking statements can be identified by terminology such as "may", "Should", "Expected", „plant“, "Intends", "Believes", "Estimates", "Forecasts", "Potential" or "continue" or. the negative of these terms or comparable. These statements are only predictions and involve known and unknown risks, Uncertainties and other factors, which may cause, our actual results or. the results of our industry, levels of activity, Performance or achievements to be materially different from any future results,, Activities, Performance or achievements expressed, which were called expressed or implied in these forward-looking.

These forward-looking statements, and any assumptions, on which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. However, actual results will almost always, sometimes materially, of estimates, Expectations, Forecasts, Different assumptions or other future performance suggested herein. Timmins Gold does not intend, to update any forward-looking statements, so that they correspond with the actual results, unless, This is required by applicable laws.

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