Patagonia Gold Corp 2018 Annual Report
Company: Patagonia Gold Corp
Sector: Mining & quarrying
Country: Canada
Year: 2018
Type: Annual Report
Pages: 91
The report describes a strong operational year for the company, with record production, revenue of US$48.1 million and gross profit of US$18.6 million. The company advanced Calcatreu as its flagship project after increasing indicated and inferred resources to 16.4 million tonnes containing 1.17 million oz AuEq. It also acquired additional exploration properties in Santa Cruz and continued community-relations work around Calcatreu. The revised financial statements corrected a hyperinflation-related translation error, reducing the reported loss from US$22.46m to US$17.59m.
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