Red 5 reduces full-year guidance

WESTERN Australian gold miner Red 5 has again been forced to lower its guidance, but still managed to post an improved production profile for its Darlot operation.

Red 5 reduces full-year guidance Red 5 reduces full-year guidance Red 5 reduces full-year guidance Red 5 reduces full-year guidance Red 5 reduces full-year guidance

Mining at Darlot has focused on remnant areas in recent months

Red 5's December quarter production was 21,534 ounces at all-in sustaining costs of A$2181/oz compared with 20,283oz at $2126/oz for the September quarter.