Dacian Gold ramps up production in WA

Company News

by Jessica Amir

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Last Updated: 19/06/2019 3:24 PM

Dacian Gold (ASX:DCN) continues to ramp up production with the start of underground ore development at Beresford North in WA.

The site is called, Mt Morgans and its fully owned by Dacian Gold and on track to achieve commercial production in December.

And, that’s all part of it achieving its guidance of 180,000 to 210,000 ounces of gold.

All this is a key part of its CY2018 focus, as well as maintaining an aggressive spend on the gold operation, as it believes it will continue to yield new gold discoveries, increase mine life and company value.

Shares in Dacian Gold (ASX:DCN) are trading 0.72 per cent higher to $2.80.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.