Companies: HMB   

Kazakhstan-focused Hambledon Mining says gold and silver production at its Sekisovskoye operation more than doubled between June and July.

The AIM-quoted company says it poured 2,247 oz of gold and 3,418 oz of silver at Sekisovskoye during July, up from 1,102 oz of gold and 1,608 oz of silver in June. This has reinforced confidence at London-based Hambledon that, following technical improvements over the coming three months, it will meet its monthly target of 3,333 oz of gold production, the equivalent of 40,000 oz a year.

The company, whose shares have fell from 21.75p last October to 5.75p earlier this month and now stand at 7.25p, says its directors ‘know of no reason for the recent weakness in its share price’ and yesterday replaced Seymour Pierce with Fairfax as nominated adviser and broker.

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Hambledon Mining	AIM	£15.86m	3.38p	0.12p
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Other company articles:
Output rises at Hambledon			12/08/2008
Kazakh progress for Hambledon			07/07/2008
Hambledon output restart			01/05/2008
Hambledon becomes a producer			30/11/2007
Hambledon – good news, bad news			23/11/2007