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Karora shares plunge despite production recovery

TORONTO-based, Western Australia-focused gold miner Karora Resources staged a second quarter production rally, but its shares plunged sharply overnight despite the good news.

Haydn Black
Karora's production rose for the quarter

Karora's production rose for the quarter

The miner's production rallied from the first quarter's COVID-plagued 27,489 ounces to 30,652oz, which executive chairman Paul Andre Huet said kept it within guidance.   Costs were not revealed. They...

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