Costs down, output up for larger Allied

ALLIED Gold boosted gold production at Simberi Island by 24% and reduced cash costs by 11% in the December quarter, while the company completed a listing on the Toronto Stock Exchange following the acquisition of Australian Solomons Gold.

Costs down, output up for larger Allied

Costs down, output up for larger Allied

Costs down, output up for larger Allied

Costs down, output up for larger Allied

Costs down, output up for larger Allied

29 January 2010
comments
share

Despite losing nine days of production due to an illegal cease work order in the quarter, gold output increased to 17,456 ounces of gold from 14,072oz in the September quarter, while costs decreased

denied_image

PNG's leading resources sector news service

Subscribe today and enjoy full access to PNGReport.com - the most comprehensive source of news on PNG's resources sector and related industries in the country and wider region.

Website Package

Full access to PNGReport.com - desktop and mobile display
News and analysis of national and international projects
News and coverage of community events and issues.
Analytical coverage of corporate and investment activity
In-depth policy development and related governmental issues
Market watch and expert opinions
Regular technology and innovation features
Weekly wrap of stock prices for listed companies operating in PNG
Access can be purchased in AUD, EUR, USD

Try PNG Report for 30 days for ONLY $1

START YOUR TRIAL

view all subscription options

From our partners

ICTSI South Pacific is at the forefront of Papua New Guinea's global trade

SPONSORED
ictsi south pacific
Chamber conference could spark policy debate to help turn around sectoral invest

SPONSORED
png chamber of mines and petroleum
Orica's new explosives plant a boom for Lae and mining

SPONSORED
orica
Containment management innovation

SPONSORED
srj technologies
PNG growth a major focus for resource company

SPONSORED
mayur resources
Exciting PNG Island Gold project ready to go

SPONSORED
geopacific resources limited
Westpac has a long-term commitment to Fiji

SPONSORED
westpac
Australian company providing important wastewater solutions

SPONSORED
hydroflux pacific
Experience key to successful project execution in PNG

SPONSORED
mcdermott
More articles

ICTSI South Pacific is at the forefront of Papua New Guinea's global trade

SPONSORED
ictsi south pacific
Chamber conference could spark policy debate to help turn around sectoral invest

SPONSORED
png chamber of mines and petroleum
Orica's new explosives plant a boom for Lae and mining

SPONSORED
orica
Containment management innovation

SPONSORED
srj technologies
PNG growth a major focus for resource company

SPONSORED
mayur resources
Exciting PNG Island Gold project ready to go

SPONSORED
geopacific resources limited
Westpac has a long-term commitment to Fiji

SPONSORED
westpac
Australian company providing important wastewater solutions

SPONSORED
hydroflux pacific
Experience key to successful project execution in PNG

SPONSORED
mcdermott
More articles

hot topics

NEW: Digital version of PNG Report magazine - View here
Porgera: Barrick-PNG talks go on - Read more
Follow the companies investing in the PNG market - Read more

Most read Regions