PRECIOUS METALS

Calidus encouraged by gold production in February

BATTLING new gold miner Calidus Resources has produced at an annual run-rate of 66,000 ounces at the Warrawoona project in February and reduced debt to just below A$100 million.

Calidus sees better days ahead

Calidus sees better days ahead

A $5 million repayment took debt to $97 million, while guidance for the current half of 31,000-36,000oz at a cost of $2000-2250 per oz has been retained. The company claimed the mining project was continuing...

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