GhanaWeb, in its March 26, 2013 article, reports that Gold production hits 4.2m ounces in 2012.
Extract :
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Gold
production climbed 4.2 million ounces in 2012 as compared to 3.6 million
ounces recorded in 2011, Mr. Benjamin Aryee, Chief Executive of the Minerals
Commission, has said.
The
figure represents a 17 percent increase over the 2011 production figure and
is attributed to rising prices and higher output by miners. Gold prices
averaged US$1,668 an ounce in 2012 from US$1,572 an ounce a year earlier.
“Gold
prices are still appreciable and motivational enough for mining companies to
produce more. The trend will follow as long as gold prices are high,”
Mr. Aryee said. Bauxite rose to 662,925 metric tonnes in 2012 from 410,918
tonnes a year earlier, while diamond output fell to 215,118 carats from
283,368 carats.
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Read the rest of the article at
GhanaWeb
