11:45 AM EST - Anaconda Mining Inc. : provided an update on the performance of the Pine Cove mine, located on the Baie Verte Peninsula, Newfoundland. Since terminating the concentrate processing agreement at Nugget Pond with Rambler Metals and Mining Canada Limited on April 13, Anaconda has been operating its entire gold processing circuit at the Pine Cove mill. Overall gold recovery from the mill has improved to nearly 80% due, primarily, to the production of a higher grade concentrate. In addition, the mill has maintained ore throughput at 950 to 1,000 tonnes per day. Anaconda Mining Inc.
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