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Dacian flags reserve cut at key underground gold mine

Shares in Australian gold producer Dacian Gold have been suspended from trading as the company flags an upcoming reduction in reserves at the key Westralia underground mine that’s part of the Mt Morgans operation in Western Australia.

Michael Quinn
Fewer ounces expected from underground at Mt Morgans in Western Australia

Fewer ounces expected from underground at Mt Morgans in Western Australia

The new reserve estimate (and associated life-of-mine plan), is expected to be finalised later this month. The Westralia underground mine consists of three production declines over a 2.5km strike, with...

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