PRECIOUS METALS

Leonora 'big show' at least two decades in the making

Mark Williams says Red 5 was building the foundations of a big mining company before it did two deals in 2017 that provided the assets to realise its ambition. Now, he says, the company is two years away from gold sales and profit levels that will make Red 5 a serious miner with 250,000oz of annual production from two hubs in “one of the best gold regions in the world”.