13 Jun '11, 3pm

CORRECTED - Ivorian gold output can double in 2 yrs- industry

* Industry sees Ivory Coast gold output doubling * Seeks more government support (Corrects to Africa-focused from South Africa's Randgold in paragraph 3 of story published June 10) YAMOUSSOUKRO, June 10 (Reuters) - Ivory Coast can double gold output within two years from the current 7 tonnes per year as more miners seek to tap its estimated 200,000 tonnes of reserves, an industry association official said on Friday. "We can double production very quickly within the next two years, because there are several companies carrying out exploration, and it is likely that new sites could start production," said Michel Mian, president of the Interprofessional Mining Group (GPMCI) and head of Australia's Newcrest Ivorian operations. Miners including Newcrest, Africa-focused Randgold Resources , Cluff Gold and Canada's La Mancha have operations in the West African nation, best known a...

Full article: http://sg.news.yahoo.com/corrected-ivorian-gold-output-do...

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