AXM 0.00% 1.1¢ apex minerals nl

In light of the current decline in AXM's SP, I find this hard to...

  1. 2,223 Posts.
    In light of the current decline in AXM's SP, I find this hard to believe but it was in the International Business Times today!

    ""Australian gold mine production is forecast to increase by 11 per cent to 242 tonnes in 2009-10. Supporting this growth is the start-up of Newmont's $3 billion Boddington development in Western Australia, which is expected to produce around 31 tonnes a year over the first five years of its operation.


    "Also contributing to this rise is the increase to full capacity of several medium-sized projects including Apex Minerals' Wiluna redevelopment, Avoca's Higginsville project (each 6 tonnes a year) and OzMinerals' Prominent Hill mine (2 to 3 tonnes a year).

    http://ibtimes.com.au/articles/20100305/gold-prices-to-rise-this-year-and-in-2011.htm
 
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