Newmont Mining Corporation report that the company plans to increase gold production to 5.1 – 5.2 million ounce this year

Newmont Mining Corporation (NMC) headquartered in Denver, US, announced in a report that the company plans to increase gold production to 5.1 – 5.2 million ounce this year. The production has reached 2.914 million ounce in the first half of 2011, resulting from mining site in North America, South America , Asia Pacific and Africa. The output is lower than the production in the same period last year, 3.173 million ounce.

In 2011, NMC set the target of gold production at 5.1 – 5.3 million ounce, of which some 1.980 – 2.100 million ounce are expected to come from mining sites in North America, 715,000 -775,000 ounce from mining sites in North America, 1.860 – 1.990 million ounce from mining sites in Asia Pacific and 560,000 – 590,000 ounce from mining sites Ahafo and Akyem in Africa.