IN BRIEF: Xtract Resources "very pleased" with Manica production
6th Jul 2023 11:44
Xtract Resources PLC - Australia and Africa-focused resource, development and mining company - Says in its first quarter ended March 31, production at the Fair bride deposit reached 4,522 ounces at an average of USD1,895 per ounce. Fair Bride is a mining deposit within the Manica Concession in Mozambique. Xtract says there are clear indications that results are improving significantly and that the second quarter is showing a marked improvement. The company adds that the unit cash cost for the second quarter is expected to be in-line with similar sized operations on a global basis as the operation stabilises. Read More