Harmony Gold Mining Company Ltd. (LSE:HRM) announced that its results for the second quarter of 2012 include a 14 percent increase in gold production compared to the previous quarter. However, the company saw a headline loss of US$11 million.
Argonaut Gold Inc. (TSX:AR) announced that its production, revenue and earnings hit record levels during the second quarter of 2012.
Avion Gold Corp. (TSX:AVR,OTCQX:AVGCF) announced that its earnings for the second quarter of 2012 were $15.7 million, comparable to the $15.2 million that it earned in the same quarter last year.
Centamin plc (LSE:CEY,TSX:CEE) announced that its gold production for the second quarter of 2012 increased by 40 percent compared to the same period last year, reaching a record of 67,422 ounces.
Yamana Gold Inc. (TSX:YRI,NYSE:AUY,LSE:YAU) announced that its second quarter results for 2012 include a year-on-year drop in net earnings from $194.68 million to $42.91 million. However, the company did produce 288,700 gold equivalent ounces.
San Gold Corporation (TSX:SGR) announced the record overall production of more than 28,000 ounces of gold during the last quarter, despite a four week interruption in mill operations.
Goldcorp Inc. (TSX:G,NYSE:GG) announced that it produced 578,600 ounces of gold during the second quarter of 2012, a 10 percent increase, and released updated cash cost guidance information.
Rio Alto Mining Ltd. (TSX:RIO,OTCQX:RIOAF) announced that during the second quarter of this year its La Arena gold mine produced 58,081 ounces of gold.
Lake Shore Gold (TSX:LSG) announced strong second quarter results, producing a total of 24,426.
While experts have lowered their gold price forecasts for 2012, new estimates are still above current gold prices. Demand in India is expected to rise in the second half of 2012 compared to the first half, and more certainty in the economic picture could, in an inversion of the usual trend, boost gold prices.
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