KIDSTON Gold Mines has written the carrying value of its assets down by$12.8 million following th...
The company cut 120,000 ounces from the reserves at its Eldridge operation after grades generated during mining were lower than expected.
As a result of the write down, the company made a net loss of $11.7 million for the June quarter and a loss of $11.2 million for the first six months of calendar 2000.
However, Kidston’s net cash improved substantially, up from $3 million in the first half of 1999 to 2000 as cash costs fell to $372 per ounce from $450/oz.
The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.
Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.
View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.
Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.
Copyright © 2000-2025 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902
