10:03 AM EST - Allied Gold Mining PLC : reported its Simberi Gold Mine in Papua New Guinea this week celebrated the pouring of its 250,000th ounce of gold since commercial production first commenced in 2008. The mine, which began with a modest eight-year outlook, is now putting in place expansion and efficiency initiatives for mid-2012 that should see it produce a minimum 100,000 ozpa over the next ten years from its oxide open pit operations. A sulphide processing circuit could further lift Simberi's annual production rate to more than 250,000 ozpa from 2015. Allied Gold Mining PLC
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