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Costs down, output up for larger Allied

ALLIED Gold boosted gold production at Simberi Island by 24% and reduced cash costs by 11% in the December quarter, while the company completed a listing on the Toronto Stock Exchange following the acquisition of Australian Solomons Gold.

Kristie Batten
Costs down, output up for larger Allied

Despite losing nine days of production due to an illegal cease work order in the quarter, gold output increased to 17,456 ounces of gold from 14,072oz in the September quarter, while costs decreased to...

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