The Age
·general
·2 hours ago
Auric gold strategy rings till with $46m in war chest
Auric Mining secured A$46 million in cash and receivables after a record production quarter at its Munda gold mine, yielding 8,886 ounces of gold. The company's strategy and partnership with Black Cat Syndicate enabled significant financial growth and positioned it for future expansion as it focuses on developing the Munda Main Pit. Auric is now debt-free and cash flow positive.
Summary by Glance · The Age
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