Gammon Gold Sees Higher Prices in 2011

Reuters Africa reported that profits for Gammon Gold’s (NYSE:GRS) income is up on rising gold and silver prices.

The market news is quoted as saying:

Gammon’s fourth-quarter revenue rose about 4 percent to $71 million, but was limited by lower sales of gold and silver due to suspension of operations at its El Cubo mine in Guanajuato, Mexico.

To read the full market news, click here.