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June promise for rejuvenating Millennium

MILLENNIUM Minerals’ positive production trajectory involving a relatively good performance in the month of June will need to continue as its current cash and debt position leaves it little wriggle room for any unforeseen circumstances.

Michael Quinn
The Nullagine gold operation in WA's Pilbara region

The Nullagine gold operation in WA's Pilbara region

Millennium produced 6575 ounces of gold in June at all-in sustaining costs of A$1435 per ounce from its Nullagine operation in Western Australia, with 15,180oz poured for the full quarter at AISC of $1840/oz....

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