Skip to main content
The Markets by Proactive
Go to Proactive Australia

Archive

Kaiser Reef focused on production ramp-up at the high-grade A1 gold mine

Kaiser Reef focused on production ramp-up at the high-grade A1 gold mine

Kaiser Reef Ltd (ASX:KAU) managing director Jonathan Downes talks Proactive through the highlights from the gold producer and explorer’s March quarter. Cash, quarter on quarter, increased by $1.3 million to $4.6 million and the company remains debt free and unhedged. Gold sold during the quarter increased on the prior quarter by 41%, assisted by mill relining work.