Monday, May 14, 2007

Pamodzi Gold aims to boost output to 1 mln oz

(Reuters) - South African junior miner Pamodzi Gold Ltd posted a dip in quarterly gold output and a loss on Monday, but said it aims to boost production to 1 million ounces within two years.

The black-owned firm, which listed on the Johannesburg bourse in December, said gold production for the three months to end March fell 21 percent to 23,735 ounces compared to the previous quarter.


Read more at Reuters Africa

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