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More to come from Allied

THE Gold Ridge mine in the Solomon Islands helped lift Allied Gold’s output by 55% year-on-year to 108,338 ounces in 2011, while it aims to spend $US26 million ($A24.2 million) on expansion work this year at the Simberi mine in Papua New Guinea.

Blair Price
More to come from Allied

Located in a volcanic region, production started up almost a year ago at Gold Ridge – roughly 12 months after it was acquired with $150 million spent on redevelopment and refurbishment. The result...

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