CAPITAL MARKETS

Cost-cutting key to improvements: Alacer

ALACER Gold chief executive David Quinlivan is confident of meeting its 2012 production and costs guidance, despite a disappointing third quarter following the company’s cost-cutting decision to shed jobs at its South Kalgoorlie operations.

Lauren Barrett
Cost-cutting key to improvements: Alacer

Releasing its September quarter financial results to the market today, Quinlivan said the company had maintained its strong balance sheet with $US280 million ($A270.4 million) cash on hand at the end of...

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