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Mineweb reported that gold output for Gold One (ASX:GDO) increased by 23% over last quarter.
Mineweb reported that gold output for Gold One (ASX:GDO) increased by 23% over last quarter.
As quoted in the market news:
The increased volumes, along with an average gold price of US$1,710/oz, resulted in a 39% increase in revenue from US$43.1m to US$59.72m for the current quarter. Behind the increase in volumes was an improvement of 20% in total mined grade (8.24g/t) quarter-on-quarter at a cash cost of US$478/oz for the Modder East mine.
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