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Success spurs Southern Gold

Winding the clock back a couple of years, many were surprised by Southern Gold’s (AU:SAU) plans to generate cash from a Kalgoorlie gold mine, give returns to shareholders and acquire assets in South Korea.

Mining Journal
Drilling at Weolyu in South Korea

Drilling at Weolyu in South Korea

Fast-forward to the present and the debt-free miner is on track to receive A$14 million in total from the Cannon gold mine 30km east of Kalgoorlie by August, it has declared a special 3c per share unfranked...

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