FML 0.00% 14.5¢ focus minerals ltd

Here's some extracts:Australia's Focus Minerals Ltd (ASX:FML)...

  1. 151 Posts.
    Here's some extracts:
    Australia's Focus Minerals Ltd (ASX:FML) has moved to mitigate investor concerns about the gold miner's rising production costs that leave it dependent on high prices for the precious metal.

    September quarter cash costs were A$932 (US$914.57) an ounce, up from A$792 an ounce for the 12 months to June 30

    "There is only so much that can be done on the mining front in a contractor scenario as we are, versus owner operators

    "We will soon be able to evaluate the two production systems with a recent decision to proceed on an owner-operator basis for The Mount project
 
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