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Gammon's revenues down in 2009 on lower sales: Mexico.

Chemical Business Newsbase

| March 30, 2010 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

Gammon Gold reported sales of 210,853 ounces of gold equivalent for 2009, down from 245,028 ounces gold equivalent in the preceding year. Consequently, revenues slid to $207 M from $213 M, although the decline was partly offset by higher average realized sales prices of gold and silver. Net earnings plummeted to $1.73 M …

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