PRECIOUS METALS

Dacian outlines five-year gold plan to redemption

THE potential renaissance of Dacian Gold has been painted with plans to produce an average of 115,000 ounces for the next five years at all-in sustaining costs averaging A$1550 per ounce.

Dacian outlines five-year gold plan to redemption

Gold is currently fetching a shade under $2500/oz. Dacian will need to spend $141 million on "growth capital" over the next four years to achieve the total five-year output of 580,000oz - equating to...

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