CAPITAL MARKETS

Gold price improves Bundarra cash surplus

TERRAIN Minerals says the economics of its Bundarra gold project in Western Australia have been significantly enhanced by the higher gold price and will lead to a cash surplus of up to $A40 million.

Kristie Batten
Gold price improves Bundarra cash surplus

The company has updated the recent scoping study to reflect the increase in gold price to its current level of $1350 per ounce. The original study, released in February, envisaged a cash surplus of $20.9-26.9...

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