CAPITAL MARKETS

SOG says on track to match first-half profit

SONS of Gwalia expects its second-half profit to be in line with the first-half's $34.5 million as the former PacMin assets and a major expansion of its Greensbushes and Wodgina mines boost gold and tantalum production to record levels.

Greg Tubby

Gold production in the June quarter reached a record 141,529 ounces at an average cash cost of $372/oz for a full-year total of 541,224oz at $386/oz. At the Sons of Gwalia mine near Leonora, a crown...

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