Red 5 scales back guidance again

WESTERN Australian gold miner Red 5 has again been forced to scale back its production guidance, this time after issues with the crusher and ball mill at the aging Darlot mill, and lower grades recovered during the switch of bulk mining at the nearby King of the Hills.

Red 5 scales back guidance again Red 5 scales back guidance again Red 5 scales back guidance again Red 5 scales back guidance again Red 5 scales back guidance again

Significant overlooked intercepts have been identified at KOTH.

The company, which last month cited mine sequencing delays at Darlot as the reason for cutting its March quarter guidance, had maintained its expectation it could produce a combined 110,000-120,000