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Calidus on rapid path towards Pilbara gold mining

From thewest.com.au

Development of ASX-listed Calidus Resources’ Warrawoona gold operation in Western Australia has been progressing at “a rapid rate” as it looks to kick off preliminary mining in the middle of this year with an eye on pouring first gold in the first half of next year. The Perth-based company says construction at Warrawoona, which has an estimated CAPEX of $120 million, remains in line with budget and schedule. Calidus says it has committed about one-quarter of the engineering, procurement and construction contract value of about $75 million and it expects commissioning of the new gold processing plant to take place in ... (full story)

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  • Category: Fundamental Analysis