PT Agincourt Resources (G-Resources), a unit of Hong Kong-listed gold company G-Resources Group Ltd, sees lower gold output this year at 230,000 to 250,000 ounces, against 281,477 ounces in 2013, CEO Peter Albert said in a statement.
The firm is targeting silver output of 2 million ounces this year, up 31 percent from 1,515,228 ounces the previous year. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Sunil Nair)