Gran Colombia Gold reported its Q1 2016 results, with gold production up 31% over Q1 2015. Cash costs decreased 17% to $685/oz due to lower costs from the peso devaluation and increased production. All-in sustaining costs also decreased 23% to $790/oz. Adjusted EBITDA increased 63% to $11.6M compared to Q1 2015. For 2016, the company expects total gold production of 120,000-138,000 oz with cash costs of $700-750/oz and AISC of $850-950/oz.