CAPITAL MARKETS

Cannon production beats expectations

GOLD recovery from the Cannon open pit mine operated by Westgold Resources was ahead of expectations in January and February, project owner Southern Gold has announced.

Andrew Hobbs
Cannon production beats expectations

A total of 14,257 ounces of gold were produced from 136,272 tonnes of ore milled during the roughly two-month period, with a total gold recovery rate of 90.67% – above the original forecast of 86.4%. ...

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