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Silver Lake forecasts slightly softer gold sales after record year

Australian gold producer Silver Lake Resources is forecasting gold and copper sales of 240,000-250,000 ounces and 1,100t, respectively, in the new financial year underway, with all-in sustaining costs put at A$1,400-1,500/oz.

Michael Quinn
Gold production went up for Silver Lake Resources in the June quarter

Gold production went up for Silver Lake Resources in the June quarter

That compares with sales in the just completed year of 255,533oz of gold and 2,175t of copper at AISC of $1,295/oz. Still, if the gold price holds up, that points to another big year ahead on the cash...

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