PRECIOUS METALS

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.

Mining at Darlot has focused on remnant areas in recent months

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.   However, the company's updated 2020-21...

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