12:08 PM EST - GBS Gold International Inc. : on Tuesday reported that gold production increased by 34% to 35,259 ounces in the second quarter. During the quarter, the company sold 32,641 ounces of gold into the spot market for an average price of A$951/ounce or US$897/ounce. Cash holdings currently total approximately $20 million. GBS Gold International Inc.
shares T.GBS are trading up 5 cents at $1.46.
