gold producer up 20% today ..

In recent days MUN has been rising consistently. It would indicate to me that the ramping up of gold production at Engenho is on track.

In early December MUN strengthened its team appointing "...experienced international mining executive, Mr Andrew Law, to the position of Chief Operating Officer (COO), effective immediately.

The appointment further strengthens Mundo Minerals senior management team as it completes the ramp-up of gold production at the Engenho Gold Mine and continues to build its production and asset base in South America.

Mr Law has over 25 years experience in the mining industry in Australia and Africa, including extensive technical and senior management experience in the gold sector in South Africa, Australia and internationally.

His expertise covers deep level underground mining environments, large open pit environments and large mineral sands dredging environments.

Mr Law has also gained executive management experience at both the senior operations level and the corporate level with companies such as Plutonic Resources, Placer Dome ..."

From the December 1 ASX announcement.