11:24 AM EST - Anaconda Mining Inc. : Announced production results and certain financial information from its fiscal first quarter ended August 31, 2017. Anaconda sold a record 4,723 ounces of gold in the first quarter of FY 2018, eclipsing the previous record of 4,658 ounces in the fourth quarter of FY 2017, and represents a 61.8% increase over the first quarter of FY 2017. The Company recorded revenue of $7.6 million in the first quarter based on an average gold price of $1,612 per ounce, a 55% increase in revenue over Q1 FY 2017. Anaconda Mining Inc.
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