The Age
·general
·3 hours ago
Kaiser pumps up cash stash from Tasmanian gold mine
Kaiser Reef reported $14.28 million in net cash from operations at its Henty gold mine in Tasmania for the March quarter. The company increased its cash balance by over 5 percent to $45.6 million, driven by gold sales exceeding $35 million and production of 5,534 ounces. Management anticipates continued improvements with the upcoming second shift at its Maldon operation.
Summary by Glance · The Age
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