Mupane Mine Production Up On 2006

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. 

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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