CAPITAL MARKETS

Norton costs higher on open-cut issue

TAKEOVER target Norton Gold Fields experienced a mixed March quarter, with standout performance from underground operations hampered by poor open-cut performance which increased costs.

Jack McGinn
Norton costs higher on open-cut issue

Norton produced 38,277 ounces of gold over the quarter at a cash cost per ounce of $A1144 from its Paddington operations in Western Australia, compared with 38,600oz at $993 in the March 2014 quarter and...

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