Leagold Mining Corporation reported consolidated earnings results for the third quarter ended September 30, 2018. For the quarter, the company reported revenue of $111,259,000. Royalties were $1,639,000. Earnings from mine operations were $19,608,000. Earnings before taxes were $14,382,000. Net income was $14,932,000. Basic and diluted earnings per share were $0.05. Net earnings was $15.5 million.

The company announced production results for the third quarter ended September 30, 2018. The company produced 93,269 ounces of gold and sold 91,733 ounces. Total revenue from gold sales and production was $110,674,000.

As a result of the unplanned temporary shutdown of the RDM mine, and the Los Filos mine experiencing an extended recovery cycle on the heap leach pads, Leagold is updating its 2018 full-year production forecast from the previous guidance range of between 325,000 to 350,000 ounces to a revised guidance range of between 295,000 to 305,000 ounces. The updated guidance range accounts for the unexpected shutdown and considers the restart of RDM in late November with a two-week production ramp up. The company is expecting full year AISC to be similar to the nine months ended September 30, 2018 of $979 per ounce.