Dacian Gold ramps up production in WA

Company News

by Jessica Amir

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 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She has been a journalist with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for regional Channel 7 and 9. She also previously worked as a financial planner and real estate agent.