Billmac, there was mention in yesterday's West on SLR cutbacks...projecting a 45% cutback in Mt Monger production to cut costs, and a loss of 30 jobs. They are going to feed the mill from stockpiles to try to preserve margins while they mine only highgrade at Mt Monger.
No doubt that affected market sentiment?
Here's the article for those who wish to read it, mentioning other miners as well. Not a rosy picture of our gold industry.
http://au.news.yahoo.com/thewest/business/a/-/wa/16847157/gold-miners-forced-to-tighten-belts/
GZ
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