PRECIOUS METALS

Pit failure sees Dioro costs rocket

A WALL failure at gold miner Dioro’s Mt Marion deposit contributed to a sharp jump in cash costs and a significant decline in mining from the pit.

Charlotte Dudley
Pit failure sees Dioro costs rocket

Cash operating costs for the quarter ended November 30 rose 64% from $720 per ounce in August to $1179 per ounce. Dioro said the September pit wall failure at the Mt Marion open pit, part of the company's...

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