Calidus encouraged by gold production in February

BATTLING new gold miner Calidus Resources has produced at an annual run-rate of 66,000 ounces at the Warrawoona project in February and reduced debt to just below A$100 million.

Calidus encouraged by gold production in February Calidus encouraged by gold production in February Calidus encouraged by gold production in February Calidus encouraged by gold production in February Calidus encouraged by gold production in February

Calidus sees better days ahead

A $5 million repayment took debt to $97 million, while guidance for the current half of 31,000-36,000oz at a cost of $2000-2250 per oz has been retained.

topics

loader