EVN now is more than ever having to rely on Ernest Henry to do the heavy lifting for the next few years.
"At Red Lake, development metres in excess of the 1,200 metres per month target was achieved for the first time in October. However, the improvements to stoping efficiency have been slower than planned. Production and costs from the operation in the December 2021 quarter are expected to be the same as the September 2021 quarter. Material improvements in production and costs are anticipated in the second half of FY22. The underperformance is expected to increase FY22 Group AISC by approximately 2-3% or A$25 – 35/oz."
EVN now is more than ever having to rely on Ernest Henry to do...
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