Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: heinz44 who wrote (43314)	6/26/2007 7:55:34 PM
From: LoneClone	Respond to of 78417

Peruvian gold production down Message 23650144 LC

To: heinz44 who wrote (43314)	6/27/2007 9:08:15 AM
From: LoneClone	Respond to of 78417

Australia's gold output growth seen slowing metalsplace.com Australia's chief commodities forecaster Monday lowered its forecast growth for gold production for both this fiscal year and next fiscal year. Gold production next fiscal year ending June 30, 2008, is now estimated at 270 metric tons, down from a March forecast of 289 tons, Abare said. Output this fiscal year is now put at 252 tons, down from 255 tons in March, in part reflecting the negative impact of cyclones on mining activities earlier in 2007, it said. Actual gold output last fiscal year was 250 tons. The expected growth in production next fiscal year reflects increased output from a number of existing mines and the start of some others, it said. Abare forecast the spot price of gold next calendar year at US$680 an ounce, up from a March estimate of US$665, and up from an estimated US$670 an ounce for this calendar year, a projection unchanged from March. Nearly all gold mined in Australia is exported, making the nation a major global supplier.