PNG mine announces increase in gold, silver resources

Updated May 28, 2009 16:40:01

Allied Gold has announced a big increase in the size of its gold resource at its Simberi mine in Papua New Guinea. In an announcement to the Australian Stock Exchange, the company said it now has a total of 4.7 million ouces of gold, and more than 10 million ounces of silver at Simberi. Jemima Garrett asked Allied Gold's Executive Chairman, Mark Caruso, about the significance of the announcement.

Presenter: Jemima Garrett
Speaker: Mark Caruso, Executive Chairman of Allied Gold