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    gold investing

    Gold Production to Jump 35 Percent Next Year in Ivory Coast

    Investing News Network
    Nov. 09, 2012 05:00AM PST
    Precious Metals Investing

    Bloomberg reported that gold production in the Ivory Coast is expected to climb by 35 percent next year, led by miners Randgold Resources and Newcrest Mining.

    Bloomberg reported that gold production in the Ivory Coast is expected to climb by 35 percent next year, led by miners Randgold Resources and Newcrest Mining.

    As quoted in the market report:

    Output of the metal will climb to 20.1 metric tons from 14.9 tons this year, a document obtained from the Abidjan-based ministry, which is yet to be publicly released, shows. Randgold operates the Tongon mine in northern Ivory Coast and Newcrest produces gold in the central region of Bonikro.

    To view the whole Bloomberg report, click here.

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