Tim Daffern, CEO at Hambledon Mining (LON:HMB), tells Proactive Investors that the company is targeting 2mln oz of gold and just over 3mln oz of silver, ultimately producing gold at a net rate of 4.2gms per tonne. By 2016, at the current gold price, the company is expecting to throw off $50mln free cash per year. Tim also talks of the opportunities to acquire other gold miners in Kazakhstan.
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FOR OUR FULL DISCLAIMER CLICK HERETim Daffern at Hambledon Mining says it’s on the cusp of growing gold production
Published: 11:06 09 Jun 2011 BST