Proactive Investors - Run By Investors For Investors

Red 5 Limited to update on Siana gold project

Red 5 Limited to update on Siana gold project

Red 5 Limited (ASX:RED) has been granted a trading halt by the ASX pending an update from the company regarding a pit wall movement at the Siana gold project.

The project is situated on the island of Mindanao in the Philippines.

The company recently said that total gold recovered for the June 2015 financial year is expected to exceed 21,000 ounces.

Red 5 had a healthy A$13.3 Million cash balance at end of May 2015.

The halt will remain in place until the opening of trade on Friday 10th July 2015, or earlier if an announcement is made to the market.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

View full RED profile View Profile

Red 5 Ltd Timeline

December 31 2012

Related Articles

Main access road to the McIntosh project
November 21 2018
Hexagon’s McIntosh project partner MinRes is working towards production by April 2021.
A manganese sample from the Bryah Basin Project
October 02 2018
Emerging new applications for manganese in batteries and energy storage are seen as exciting opportunities.
gold bars
August 02 2018
Arc Minerals has significant upside at kalaba in Zambia

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use