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Galaxy's star dims again

GALAXY Resources is cashed up and ready to rumble, with its Mount Cattlin mine in Western Australia's south falling short of expectations for the December quarter, hampered by lower grade ore from an older pit, lower recoveries and lower plant utilisation, but the company says its six-month slump finally ended this month.

Haydn Black
Mt Cattlin

Mt Cattlin

      While the company's December performance improved on the September quarter, Galaxy's management said the mine produced only 33,780 tonnes of spodumene concentrate and sold 39,682t for the quarter. ...

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