CAPITAL MARKETS

Tucano's production crimped

TWO months after forecasting production of about 60,000 ounces of gold in the current quarter from its Tucano operation in Brazil, Beadell Resources has cut expectations by around 20%.

Michael Quinn
Tucano's production crimped

Output is now likely to be about 50,000oz, with “minor operational factors” behind the shortfall. They were said to include lower dig rates as a result of a small zone of harder ore, additional dewatering,...

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