Red 5 hits record quarter

Gold miner Red 5 has reported a record quarter from its Western Australian operations during the three months to June, producing 30 098 oz of gold, compared with the 24 187 oz delivered in the March quarter.

Gold sales for the June quarter reached 27 406 oz, compared with the 23 444 oz sold in the March quarter, while all-in sustaining costs decreased from A$1 637/oz to A$1 331/oz in the same period.