SLR puts mill up for sale

Company News

Silver Lake Resources (ASX:SLR) is putting its Lakewood Mill in Kalgoorlie, Western Australia up for sale. The company is believed to have received interest to either buy or use the mill. 
 
Silver Lake has operated the mill since 2008 but now longer term strategy has shifted to the Randalls Mill and all available ore is now being processed there. Lakewood in currently care and maintenance. 
 
The gold miner also closed its Murchison project north of Mt Magnet earlier this year, resulting in 42 job losses. 
 
However, gold sales from its Mount Monger operations came in ahead of guidance. 
 
Silver Lake has appointed Lincoln Capital to take care of the sale of the Lakewood Mill. 
 
Silver Lake reported a loss of $47 million for the half year to the end of December 2013. 

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