Subscribe to RSSGammon Gold Raises 2009 Guidance as Gold Production Up 27 Percent
Annual gold production at Gammon Gold (GRS) increased by 27 percent, spurring the company to say things are now turned around.For 2008, the company mined 154,428 ounces of gold, while also bringing out another 5,778,428 ounces of silver. The gold-to-silver ratio of 59:1 helped the company improve its cash costs, as the $539 gold equivalent ounce was 20 percent better than 2007.
Read more:
Gammon Gold Raises 2009 Guidance as Gold Production Up 27 Percent
Custom Search
Counter
0 Comments
You can be the first one to leave a comment.