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    gold investing

    Gold One Plans Doubling of Production

    Investing News Network
    Jan. 31, 2012 08:36AM PST
    Precious Metals

    Mining Weekly reported that Gold One (ASX:GDO) plans to produce 300,000 ounces of gold this year.

    Mining Weekly reported that Gold One (ASX:GDO) plans to produce 300,000 ounces of gold this year.

    As quoted in the market news:

    The miner, which has set a stated target of becoming an one-million-ounce producer, said its flagship Modder East operation would produce 150 000 oz this year, with its Cooke underground mine and its Randfontein surface operations contributing 118 000 oz and 32 000 oz, respectively.

    Click here to read the full Mining Weekly report.

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