LEADERSHIP

Red River's rivers of cash

NORTHERN Queensland miner River Resources had already announced a record March quarter in terms of production, but this morning it revealed it also revealed record low cash costs and that its bank balance has swelled by A$8.5 million to $21.2 million, even after spending around $5 million.

 Far West development ore.

Far West development ore.

      C1 cash costs were down almost 70% due to the higher production levels, and C3 costs were down 37% to around US58c per pound of zinc.   The Thalanga operations produced a record 106,000t...

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