PRECIOUS METALS

Doubling of gold production required by Dacian

WHEN Dacian Gold told the market it was targeting a big second half of the financial year to meet guidance, it wasn’t joking, with a doubling of output now needed to meet the forecast range of 100,000-110,000 ounces.

Doubling of gold production required by Dacian

The Western Australian gold miner produced 17,200oz at all-in sustaining costs of A$2288/oz in the December quarter, taking output in the first half to about 34,000oz. The company expects AISC for the...

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