Gold One beats production guidance

SOUTH African gold producer Gold One International is on track to meet its 2011 production target of 120,000 ounces after churning out 89,827oz for the year to date and 35,128oz in the latest quarter.

Gold One beats production guidance Gold One beats production guidance Gold One beats production guidance Gold One beats production guidance Gold One beats production guidance

Already some 2800oz ahead of its initial guidance for the current quarter, the latest three-month result was 23% higher than the June quarter result of 28,511oz, while cash costs reached $US478/oz

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