CAPITAL MARKETS

Siana delivers before idling

RED 5 has produced a strong final quarter before it idles down its Philippines-located Siana plant this week in response to permit delays and pit wall stability concerns.

Michael Quinn
Siana delivers before idling

Production of 18,195 ounces was achieved in the December quarter at all-in sustaining costs of $A1077 per ounce. Gold sales in the March quarter are put at 5000-7000oz. Subject to receiving required...

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