Gold production continues to decline with production for the first half of the year up to June pegged at 165,976 ounces compared to 198,046 ounces for the same period last year.
In 2013, gold declarations for the same period was 234,498 ounces. It is expected that with less gold being produced and declared, earnings would also drop and this would impact the economy which has been heavily dependent on gold for the past few years. The only month this year for which
