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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (33852)	3/9/2009 6:11:20 PM
From: LoneClone	Read Replies (1) \| Respond to of 193161

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)