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Beadell Resources Provides March 2017 Quarterly Report

26 Apr 2017  |  11:54:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: March 2017 Quarterly Report

Beadell Resources provided quarterly report, stating that gold production for the March 2017 quarter was 28,558 oz. Cash costs for the March 2017 quarter were US$1,085 per oz. March 2017 there was zero lost time injuries, zero first aid injuries and zero equipment damage. Gold sales for the March 2017 quarter totalled 30,476 oz at an average cash price received of US$1,221 per oz. The Company reduced debt by $14.2m in the March 2017 quarter. Total Ore Reserves as at 31 December 2016 were 28.2 Mt @ 1.74 g/t Au for 1.58 Moz. Total Mineral Resources as at 31 December 2016 were 67.0 Mt @ 1.82 g/t Au for 3.92 Moz.

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