PRECIOUS METALS

Red 5 looks forward to stronger gold quarters

RED 5 has maintained its guidance of 85,000-95,000 ounces for 2018 and is expecting 18,000-23,000oz in the June period after a hiccup last quarter significantly impacted output and associated costs.

 The Darlot gold operation.

The Darlot gold operation.

Production in March quarter totalled 12,928oz at all-in sustaining costs (AISC) of A$1815 per ounce - after mill repairs took the operation offline for 14 days - with AISC in the current quarter expected...

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