EXPLORATION & DEVELOPMENT

Silver Lake adds some gold reserves as cash builds

GOLD miner Silver Lake Resources has reported a 13% increase in reserves to 526,000 ounces after depleting its inventory by more than 170,000oz in the year just passed with production of 158,000oz. Where to from here for the non-dividend paying miner with no debt and cash and bullion to its name of A$106 million and growing?

Organic growth currently publicly targeted at Silver Lake

Organic growth currently publicly targeted at Silver Lake

Silver Lake said it will spend $12 million in the current year on exploration, which is broadly in line with recent years. It also expects to produce 140,000-150,000 at all-in sustaining costs of $1350-1390/oz,...

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