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Aurelia's Dargues to be impaired as grade goes missing

Major setback as orebody complexity revealed, but company still optimistic on under-drilled asset

Haydn Black
The outlook at Dargues is anything but sunny

The outlook at Dargues is anything but sunny

As part of its life-of-mine planning for the asset Aurelia has determined that the grades it expected when it purchased the mine are about 15% lower.   It'll now take a A$60-80 million non-cash impairment...

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