CAPITAL MARKETS

Abelle sells Gidgee

ABELLE is selling its Gidgee underground gold operation in Western Australia to low-profile junior explorer Legend Mining for $6.5 million.

Michael Quinn
Abelle sells Gidgee

The mine produced 50,567 ounces in 2002-03 at a cash cost of $429/oz and a total production cost of $637/oz, with the total production cost including a write down of $5.4 million - worth $107/oz - associated...

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