PRECIOUS METALS

Silver Lake boosts guidance

SILVER Lake Resources delivered stronger production at all three of its Mount Monger mining centres and Deflector mine for the December quarter, and with strong first half results and lower costs it has increased its financial year guidance and trimmed costs.

Exploration in Deflector continues to offer promise.

Exploration in Deflector continues to offer promise.

The miner now expects to sell between 215,000-230,000 ounces to 240,000-250,000oz with AISC shaved by A$75-100/oz to $1300-$1350/oz. Silver Lake's production for the quarter was 71,008oz gold equivalent...

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