CAPITAL MARKETS

Citigold talks with Charters Towers' backers

CHARTERS Towers gold explorer cum miner Citigold Corp is in financing and joint venture talks as part of its aim to develop four mines over the next five years and reach annual production of 250,000 ounces per annum at cash costs of a little over $A200/oz.

Michael Quinn

Citigold talks with Charters Towers' backers

While Citigold’s chief operating officer Chris Towsey wouldn’t be drawn on the finalisation of the talks, he told MiningNews.net that negotiations had been carried out with a range of overseas groups over...

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