PRECIOUS METALS

Dacian production dips but firm on guidance

HIGHER strip ratios, lower grade harder ore, and a longer than expected planned plant shutdown, exacerbated by COVID-19 movement restrictions, all affected Western Australian miner Dacian Gold’s performance for the September quarter.

Dacian production dips but firm on guidance

Production came in at 15,819 ounces at all-in sustaining costs of $2362/oz, lower than expected, but with the mill reporting throughput rates above planned levels in October - annualised at 2.9 million...

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