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Production of Gold, Diamonds, Manganese Jumped During First Half

Gold1

Fri, 17 Sep 2010 Source: Bloomberg

Gold production in Ghana, Africa’s

largest producer of the metal after South Africa, rose 3.5

percent to 1.46 million ounces during the first half from a year

earlier, according to data from the Ghana Chamber of Mines.



Revenue from sales of the precious metal during the six

months rose 31 percent to $1.68 billion, the Accra-based group

said in a statement handed to reporters in the city today.



Diamond production climbed 14 percent to 201,792 carats,

while revenue from sales of the gems more than doubled to $6.85

million, the Chamber of Mines said.



Bauxite output during the six months rose 9.7 percent to

301,489 metric tons, while earnings from sales of the raw

material used to make aluminum jumped 41 percent to $8.82

million, it said.



The West African nation’s manganese production increased 26

percent to 563,951 tons while earnings from the metal climbed 33

percent to $37.2 million, the chamber said.

 


Production (1H 2010) (1H 2009)

Gold (ounces) 1,455,235 1,405,615

Diamond (carats) 201,792 177,281

Bauxite (tons) 301,489 274,840

Manganese (tons) 563,951 448,654

Revenue (US$) (1H 2010) (1H 2009)

Gold 1,682,930,563 1,287,931,488

Diamond 6,853,241 2,756,976

Bauxite 8,824,185 6,271,376

Manganese 37,181,477 28,056,025

Production (2Q 2010) (2Q 2009)

Gold (ounces) 759,062 730,465

Diamond (carats) 99,008 121,899

Bauxite (tons) 88,610 91,801

Manganese (tons) 295,883 285,467

Revenue (2Q 2010) (2Q 2009)

Gold 900,104,916 662,316,547

Diamond 3,585,983 1,956,007

Bauxite 2,658,300 1,940,673

Manganese 19,548,816 18,648,224





Source: Bloomberg