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Send  Print  Share  RSS  Twitter  17 Nov 2009

SA Q3 gold production up 4.8% to 54,110.9kg

 



   Johannesburg, Nov 17 (I-Net Bridge) - South Africa`s gold production
increased by 4.8% to 54,110.9 kilograms in the third quarter or 2009, the
Chamber of Mines reported on Tuesday.


    The chamber said 51,634.4 kilograms were produced in the second quarter.


    On a year-on-year basis gold production was down by 2.9% in the third
quarter of 2009.


    For gold mines that are members of the chamber, production rose by 3.4%
to 44,140.9 kilograms in the third quarter of 2009 when compared to the previous
quarter.  


    The 4.4% rise in the average grade to 3.34 grams per ton assisted
production to rise.  


    On a year-on-year basis Chamber member production fell by 3.9% in the
third quarter of 2009, as lower grades more than offset higher milled
tonnages.


    End


    I-Net Bridge, Tel: +27-11-280-0814, newsdesk@inet.co.za


    Copyright 2009 I-Net Bridge. All rights reserved.


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