AngloGold, Matsa sign MoU

By Haydn Black / June 20, 2018 / www.mining-journal.com / Article Link

During trial mining at Matsa's Fortitude, tonnes and grade were lower than budgeted leading to production coming in at 9,522 ounces, around 80% of the target, while all-in costs were A$386 (US$285) per ounce above budget, leading to a slim cashflow of just $700,000.

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