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Monday, 18th April 2005 (4196 views)

Oxiana has announced that gold production was up 49 per cent in its latest first quarter results.<br/><br/>The Australian based miner produced 56,434 ounces of gold, at a total cash cost of $162 per ounce.<br/><br/>It is thought the rise in gold production was due to a recently expanded gold processing plant at its Laos site.<br/><br/>The firm has already got a number of exploration and development projects planned for this year, with many already underway.<br/><br/>Oxiana has operations in Laos, Cyprus and Vietnam.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8299754"/>

 

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