Gold Fields Profit Drops as It Cuts Output Targets
Bloomberg reported that Gold Fields (NYSE:GFI) lowered its production targets for 2012 due to technical difficulties.
Bloomberg reported that Gold Fields (NYSE:GFI) lowered its production targets for 2012 due to technical difficulties.
Reuters reported that Tanzania produced 40.4 tons of gold in 2011.
Mining Weekly reported that Great Basin Gold (TSX:GBG) missed output targets at its Nevada mine but hit them at Burnstone.
Bloomberg reported that Harmony Gold (NYSE:HMY) said new projects could help it increase gold output by 150,000 ounces in 2013.
Golden Minerals Company (AMEX:AUMN,TSX:AUM) announced higher first quarter gold production and updated its year long guidance.
Reuters reported that Avocet Mining (LSE:AVM) reported an increase in first quarter profits, even though production was down by 20%.
Canadian Business reported that Goldcorp (NYSE:GG) stopped work at its Chile-based El Morro mine because its environmental permit was revoked by the government.
Mining Weekly reported that Gold One (ASX:GDO) is targeting 69,000 ounces of gold production in second quarter.
Mining Weekly reported that Teranga Gold (TSX:TGZ) announced first quarter gold production results from its Sabodala mine.
Mining Weekly reported that Kingsgate Consolidated (ASX:KCN) reached record quarterly gold production.
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