PRECIOUS METALS

Another tough gold quarter at Beatons Creek for Novo

NOVO Resources has produced another circa-13,000 ounce quarter from Beatons Creek in the Pilbara region of Western Australia, and has reduced its guidance range for the first half to 27,000-30,000oz.

Another tough gold quarter at Beatons Creek for Novo

Previous guidance was for 27,000-33,000oz, with the 13,378oz produced in the March period a circa-4% increase on output in the December quarter. Cash reduced from C$32.5 million to $22 million quarter-on-quarter....

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