Mupane Mine Production Up On 2006

Monday, November 19, 2007

FRANCISTOWN: Third Quarter results of production at IAMGold Corporation's Mupane Gold Mine show an increase of 19 percent on third quarter results for 2006.

Released last week, the results show that gold production from Mupane in the third quarter of 2007 totalled 22,000 ounces.

However, there was a 9 percent decline compared to the second quarter of 2007. The increase in production from the same period in 2006 was mainly due to higher mill head grades and more tonnes mined while the decline in production from the second quarter of 2007 is attributed to lower head grades.

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