CAPITAL MARKETS

Reduced performance at Gallery's Mupane

SOON-to-be-swallowed Gallery Gold has posted a below par quarter with a significant decrease in production and rising cash costs at its flagship Mupane mine in Botswana.

Ben Sharples
Reduced performance at Gallery's Mupane

The December quarter saw the production of 16,923 ounces at cash costs of $US342 per ounce, compared to 20,122oz at $US326/oz in the previous quarter – taking the full year output to 89,023oz and falling...

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