Gold output expected to rise by 22%

The gold production target this year has been set at 550,000 ounces, a 22 percent increase over last year’s declaration of 451,490 ounces.

“The mining and quarrying sub-sector is targeted to improve by 16.6 percent. Once again, this growth will be driven by gold, whose output is conservatively estimated to increase by 22 percent to 550,000 ounces,” Minister of Finance Winston Jordan