PRECIOUS METALS

Dacian 'better off leaving the gold in the ground': Wilkes

DACIAN Gold non-executive chairman Mick Wilkes has offered more insight into the company's decision to suspend its Mt Morgans gold operation in Laverton, Western Australia.

Dacian chairman Mick Wilkes

Dacian chairman Mick Wilkes

"The operating model Dacian has been running for the past five or six years is not viable in this increasing cost environment," Wilkes told investors. Wilkes said Dacian's cost base was "considerably...

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