CGA posts record gold production
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Friday, 7 January, 2011 - 09:24
Philippines-based gold miner CGA Mining has recorded record production for the seventh consecutive quarter.
CGA produced 50,330 ounces for the December quarter, with a reord throughput level of 1,549,168 tonnes.
The company said the increase had come prior to any expansion plans, which were to be implemented this quarter.
CGA operates Masbate, the largest gold project in the Philippines, and is listed on both the Australian Securities Exchange and its Toronto counterpart.
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