Northgate Expects Ontario Gold Mine Output to Start in 2012

Precious Metals

Reuters reported that Northgate Minerals (TSE:NGX) believes production at its Ontario gold mine to begin in less than a year.

Reuters reported that Northgate Minerals (TSX:NGX) believes production at its Ontario gold mine to begin in less than a year.

The market news is quoted as saying:

Northgate forecast the Young-Davidson to produce an average of 180,000 ounces of gold annually over an initial 15-year mine life.

To read the full market news, click here.

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