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Gold price surge boosts appeal of Cardinal Resources

With gold smashing through the US$1,400/oz barrier for the first time in six years, Cardinal Resources says its flagship Ghana project could achieve an eye-watering internal rate of return of at least 50% if the price held or went higher over the next couple of years.

Gold price surge boosts appeal of Cardinal Resources Gold price surge boosts appeal of Cardinal Resources Gold price surge boosts appeal of Cardinal Resources Gold price surge boosts appeal of Cardinal Resources Gold price surge boosts appeal of Cardinal Resources

Marking core at Namdini in Ghana

Speaking at the Mining Journal Select 2019 conference in London, Cardinal CEO Archie Koimtsidis said the company's Namdini gold project was on target for development by the end of the year with first