Nordgold Reports Q1 2013 Operating Results

Amsterdam, Netherlands, April 22, 2013 - Nord Gold N.V, (“Nordgold” or the “Company”, LSE: NORD), an independent, internationally diversified, pure-play gold producer strategically focused on emerging markets, announces its operating results for the first quarter ending 31 March 2013.

Highlights for the quarter

Gold production

183.6 thousand ounces

Q1 2013 gold production of 183.6 thousand gold equivalent ounces (“Koz”), an 18% increase on Q1 2012 (155.7 Koz) and a 9% decrease on Q4 2012 (201.9 Koz).


LTIFR of 1.15

Q1 2013 Lost Time Injury Frequency Rate of 1.15, 35% lower than Q4 2012.


US$296.8 million

Up 12% from Q1 2012 (US$263.9million); down 14% compared with Q4 2012 (US$346.8million).

Average realised gold price

US$1,615 per ounce sold

Q1 2013 average realised gold price of US$1,615 per ounce sold, a 4% decrease on Q1 2012 (US$1,689/oz) and a 6% decrease on Q4 2012 (US$1,711/oz).


Corporate Communications
Procurement Department