PRECIOUS METALS

Red 5 posts production miss

OPERATIONAL issues earlier in the year at Red 5’s flagship Darlot and King of the Hills gold operations have delivered less gold than was expected for the June quarter, with the company falling just shy of its revised 21,000 ounce target, producing 20,707oz.

The KOTH underground is being wound back to allow for a new development

The KOTH underground is being wound back to allow for a new development

The company had initially hoped to produce 26,000-30,000oz, but struck operational performance setbacks with its aging Darlot crusher and lower than expected grades due to dilution issues.   While...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.