Crocodile Targets Higher Production in 2012

Reuters reported that Crocodile Gold (TSX:CRK) is targeting increased gold production this year.

As quoted in the market news:

The company, which has agreed to sell a majority stake to Luxor Capital Group, expects 2012 production at 75,000-85,000 ounces of gold at a cash cost of $1,100-$1,300 per ounce.

Click here to read the full Reuters report.