CGA Mining net profit soars 307% on high gold price and production boost

CGA Mining (ASX: CGA, TSX: CGX) has delivered a bumper set of numbers in the company’s annual report for financial year 2011.

The stand out metric is a 307% increase in net profit to $65.1 million, which was generated from a 51% boost in gold and silver sales to $235.3 million.

 

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