Brisbane Times ·general ·3 hours ago

Kaiser pumps up cash stash from Tasmanian gold mine

Kaiser Reef reported $14.28 million in net cash from its Henty gold mine in Tasmania for the March quarter, raising its cash reserves to $45.6 million. The company produced 5,534 ounces of gold and expects performance to rebound following recent operational adjustments. Gold prices remain elevated, providing a favorable landscape for future production growth.

Summary by Glance · Brisbane Times

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