Aureus Mining Inc. reported unaudited revenue and operating results for the third quarter of 2016. For the quarter, the company expects its revenues of $18.8 million from gold sales of 14,139 ounces.

For the third quarter, the company's mining operations focused mainly in the Kinjor stage 1 and 2 starter pits with tonnes mined during the quarter totalling 1,900,326 tonnes, including 302,822 tonnes of ore at an average grade of 2.61 g/t; 221,360 tonnes of ore were processed at an average feed grade of 2.92 g/t resulting in the production of 14,392 ounces of gold during the quarter; and during September the company announced that the mining services contract between Bea Mountain Mining Corporation, and MonuRent (Liberia) Limited together with all underlying MonuRent supplier contracts had been novated to Atmaca Services (Liberia) Inc.

The company provided operating guidance for the fourth quarter of 2016. The company now expects its production for the fourth quarter of 2016 will be in the range of 17,000 ­ 20,000 ounces.