CAPITAL MARKETS

Siana impairment for Red 5 half

PHILIPPINES-focused gold company Red 5 has recorded a $A70 million impairment against its Siana gold project in its forthcoming half-year report, citing delays it says compel it to put a planned processing plant on standby.

Andrew Hobbs

Siana impairment for Red 5 half

The company and its Philippines-based affiliate Greenstone Resources applied to the Philippines Department of Environment and Natural Resources for permission to build a long-term tailings storage facility...

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