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Dacian moves to net cash position

DACIAN Gold shares have risen to a seven-month high after the company reached a net cash position for the first time since achieving production at its Mt Morgans operation in Western Australia.

Kristie Batten
Dacian's Mt Morgans operation near Laverton in WA

Dacian's Mt Morgans operation near Laverton in WA

Mt Morgans produced 27,162 ounces of gold in the December quarter, which was weaker than the 32,799oz produced in the September quarter due to a safety incident which extended a planned mill shutdown by...

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