Simberi gets green light

ALLIED Gold has given the green light to its $US37.9 million Simberi gold project in Papua New Guinea, flagging first production before the end of next year.

Simberi gets green light Simberi gets green light Simberi gets green light Simberi gets green light Simberi gets green light

A recently completed bankable feasibility study has indicated a first stage development of the Simberi project would generate 62,300 ounces per annum at cash costs of $US278 per ounce over 9.

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