CAPITAL MARKETS

Bootu Creek output falls again

MAKING the move to owner-operator mining at the Bootu Creek manganese operation in the Northern Territory has not yet paid off for OM Holdings, with production dipping and cash costs increasing in the September quarter.

Lauren Barrett
Bootu Creek output falls again

C1 cash costs for the quarter tipped in at $A4.89 per dry metric tonne unit, up from $4/dmtu in the June quarter. OM said cash costs for the quarter were in line with expectations due to the lower...

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