CAPITAL MARKETS

WRF posts strong result on back of Dalgaranga

PERTH-based WRF Securities' gold division has recorded another strong production quarter with cash and bullion on hand increasing to $9.5 million despite a $2.5 million payment for land at Kangaroo Island within its financial services division.

Greg Tubby

The company's 49.9%-owned Dalgaranga gold mine produced 33,809 ounces of gold for the quarter at a cash cost of $257 per ounce. The quarterly period marked the completion of mining of the Western Queen...

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