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Allied makes steady improvements with Simberi gold mine

JUNIOR producer Allied Gold has lifted quarterly production 25.31% from its gold oxide mine on Simberi Island, north of New Ireland and west of the Lihir Island group in Papua New Guinea.

Blair Price
Allied makes steady improvements with Simberi gold mine

Gold production for the September quarter hit 17,642 ounces, up from 14,078oz in the June quarter, however, this was well under the company’s expectation of 20,000oz. The cash costs of $A703 per oz...

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