RMS rumoured to be taking out Karora Resources. The region is really tightening up. Goldfields running out of options.
Goldfields from their 2023 report were using approx 4Mtpa of their 4.7Mtpa processing ability at St Ives.
Their 2024 guidance is for 355koz at A$2153 AISC. When you consider they want to build a A$300m renewable grid there that lifts much higher. This also indicates they plan on sticking around for a while.
To me AAR is a clear way to "fill the mill"
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