SA gold output ticking upwards

I-Net Bridge | Thu, 02 Sep 2010 16:44

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[] -- SOUTH Africa’s gold production increased by 12.6% in the second quarter of 2010 to 49 444.5 kilograms when compared to the 43 927.8 kilograms produced in the first quarter, the Chamber of Mines reported on Thursday.

On a year-on-year basis gold production was down marginally 2.0% when comparing the second quarter of 2010 with the same quarter in 2009.

For gold mines members of the Chamber, production rose by 14.5% to 41 219.7 kilograms in the second quarter of 2010 when compared to the previous quarter.

On a year-on-year basis Chamber member production fell by 3.4% in the second quarter of 2010.

Production was boosted in the second quarter for Chamber member gold mines by the 8.4% increase in the average grade milled to 3.1 grams per ton and because of a 5.7% rise in the amount of tons of ore processed through the mills to 18.7 million tons.

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