CAPITAL MARKETS

Martabe ramping up

HONG Kong-listed G-Resources Group has set guidance of 250,000 ounces of gold and 2.2 million ounces of silver for 2013 as the Martabe mine in Indonesia works towards full production in the June quarter.

Kristie Batten

Martabe ramping up

Cost guidance is $US450 per ounce of gold. During the December quarter the mine produced 34,624oz gold, despite operations being halted for nearly five weeks early in the period due to community objections,...

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