Deferral of underground development at Murchison Operations
Due to the current challenging gold price environment the Murchison gold operations have been optimised to produce gold from open pit operations in FY14 and defer the development of the underground Caustons mine for approximately 12 months. Initial ore drive production from the Caustons underground mine was expected in the September 2013 quarter
SLR Price at posting:
74.5¢ Sentiment: None Disclosure: Not Held