Prestea Sankofa produced about 68,000 ounces of gold

Prestea Sankofa Gold Limited (PSG) said on Monday that its total gold production for 2002 was 68,454.58 fine ounces instead of the 52,021.26 ounces published by the Ghana Minerals Commission.

An official of the Research Department of the Commission told the Ghana News Agency (GNA) Business Desk that the first publication was without the last quarter results.

"It was because the last quarter results were not available at the time the first publication came out."

PSG production for the last quarter of 2002 edged up slightly to 16,433.32 fine ounces compared to the 15,676.29 posted in the previous quarter.

The official of the Research Department put small-scale production for 2002 at 160,878.73 fine ounces while the total for other mines apart from the Ashanti Goldfields Group was 1,109,880.80 fine ounces.

The total gold production for Ghana in the last year was fixed at 2,241,098.78 ounces as against the 2001 figure of 2,381,344 ounces.