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Beadell turnaround on course

Beadell Resources has managed to tap the equity market for a sizeable sum as it seeks to expand its gold resource base in Brazil and strengthen its balance sheet.

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Beadell expects Tucano in northern Brazil to produce 145,000-160,000 ounces of gold this year

In November, the company reshuffled its board, appointing former Red Back Mining executive Simon Jackson as its new head, and its turnaround story was starting to capture the market’s imagination.

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