Ghana's gold output up

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Ghana's gold production rose 6 percent in the first half of 2012 to 1,616,501 ounces from 1,523,037 ounces a year ago, according to data from the chamber of mines on Friday.

Gold revenues in Africa's second biggest producer behind South Africa, rose during the same period by 20 percent to $2.69 billion from $2.23 billion.

However, quarter-on-quarter production fell marginally in the second quarter to 805,604 ounces from 810,898 ounces in the previous quarter, the chamber of mines said in the statement without giving further details. - Reuters


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