PRECIOUS METALS

Green light for risky Novo conglomerate gold play

CONGLOMERATE gold bellwether Novo Resources is proceeding with a slated 100,000 ounce per annum operation following scoping work at Beatons Creek in the Pilbara region of Western Australia.

 Novo believes there's considerable upside for its Pilbara conglomerate gold venture, WA

Novo believes there's considerable upside for its Pilbara conglomerate gold venture, WA

The ore will be transported 14km and processed at the Golden Eagle mill acquired from the Millennium Minerals deal last year and is expected to have all-in sustaining costs of US$974/oz.  Production...

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