Dacian shares demolished after disappointing production numbers

THE Australian gold sector has been rocked by the second high profile new producer this week falling well short of delivering what it had promoted.

Dacian shares demolished after disappointing production numbers Dacian shares demolished after disappointing production numbers Dacian shares demolished after disappointing production numbers Dacian shares demolished after disappointing production numbers Dacian shares demolished after disappointing production numbers

Mt Morgans in Western Australia: Production and costs stuck in something of a hole

While Dacian Gold hasn't needed to call in administrators like Gascoyne Resources, it has slashed expected output from the Mt Morgans project in Western Australia for the current quarter by about 30%