PRECIOUS METALS

Millennium mapping out long future

MILLENNIUM Minerals CEO Peter Cash believes the company will approve a second underground development at its Nullagine operation in Western Australia by the end of the year.

 Millennium's Nullagine operation

Millennium's Nullagine operation

Nullagine is set to produce 75,000-80,000 ounces of gold this year at all-in sustaining costs of A$1280-1350 an ounce. The company is set to hit a 100,000oz per annum run-rate in the December quarter,...

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