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Southern Gold moves into the black

Western Australian gold miner Southern Gold (AU:SAU) has moved itself out of the red, delivering a full-year profit for the first time.

Southern Gold moves into the black Southern Gold moves into the black Southern Gold moves into the black Southern Gold moves into the black Southern Gold moves into the black

Southern Gold has completed campaign mining of its flagship Cannon gold mine

The company has also paid down its debt and added to its cash pile even after declaring a A$0.