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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST

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To: long-gone who wrote (85889)5/27/2002 10:20:08 AM
From: goldsheet  Read Replies (4) of 116833
 
Placer sees increased production at South Deep
biz.yahoo.com

"it expects gold production to increase to 700,000 ounces per year by 2007 at the mine, in which it owns a 50 percent stake, increasing gradually from 400,000 ounces per year in 2002 and averaging 600,000 ounces per year over the five-year period. "

"The company also said that beyond 2007 production is expected to exceed 750,000 ounces per year, about 50,000 ounces per year higher than earlier estimates. "
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