Castlemaine bitten by Ballarat's problematic legacy

SHARES in Victorian gold miner Castlemaine Goldfields have been savaged after it was forced to change the mining plan at its wholly owned Ballarat underground mine when higher grade satellite ore sources failed to live up to expectations.

Castlemaine bitten by Ballarat's problematic legacy Castlemaine bitten by Ballarat's problematic legacy Castlemaine bitten by Ballarat's problematic legacy Castlemaine bitten by Ballarat's problematic legacy Castlemaine bitten by Ballarat's problematic legacy

Investors were quick to act, with the company’s share price slashed by A22c or nearly 59% in early afternoon trade.

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