Peter Hambro cuts 2010, 2011 output forecast
Peter Hambro Mining Plc has cut its output forecast for 2010 to 685,000-769,000 ounces.
Posted: Friday , 06 Mar 2009
LONDON (Reuters) -
mineweb.com
Peter Hambro Mining Plc (POG.L: Quote), Russia's second-biggest gold producer,on Friday cut its output forecast for 2010 to 685,000-769,000 ounces.
The company retained its 2009 target of 460,000-510,000 ounces.
It anticipates gold output growing to 793,000-903,000 ounces in 2011, also revised down from guidance given in February 2008, and 855,000-1,021,000 ounces in 2012.
It produced 393,600 ounces in 2008.
(Reporting by Julie Crust) |
