CGA’s Masbate mine exceeds expected output
June 10th, 2010
Filed under: Operator - CGA Mining
Riza T. Olchondra
Philippine Daily Inquirer
MANILA, Philippines—Australian miner CGA Mining Ltd. reported record-high gold production at the Masbate project for the month of May.
In a statement posted at its web site, CGA said it produced 17,707 ounces of gold at Masbate.
“Throughput for the month of May was up 27 percent to 528,940 tons, which equates to an annualized rate of 6.35 million tons per annum (mtpa),” CGA said.
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