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Reserve boost announced at gold mining firm > Gold News > World Gold Council, gold market information and intelligence

 

Reserve boost announced at gold mining firm

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Thursday, 6th May 2004 (4169 views)

Minmet has revealed an increase in its gold reserves in Sweden this week.<BR/><BR/>The mining and exploration company announced that gold reserves in its north Sweden mine in Bjorkdal have increased by 31 per cent.<BR/><BR/>Commenting on the reason for the gold increase, the company told Ireland Online: "Bjorkdal mine has benefited from the relatively strong SEK gold prices".<BR/><BR/>Gold prices in Swedish Kronor (SEK) reached their highest levels in April since January last year.<BR/><BR/>In addition Minmet has also experienced a 23 per cent increase in the gold grade.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2564843"/>

 

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