09:06 AEST May 21, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.
Perth, Australia (ABN Newswire) -
Focus Minerals Ltd (ASX:FML) is pleased to provide a Company Presentation to Broken Hill resources Conference.
Focus Minerals, A Dynamic Australian Gold Producer
Significantly transformed gold producer:
- Operating 4 mines across Australia's 2 largest gold producing regions
- On track to back-to-back +45,000oz quarters
- On track to deliver 175,000oz* of Gold in FY 2012
- Now ranked as one of largest domestic gold producers
Delivering Significant Mining Growth & Company Transformation
- Produced 47,489oz in March Quarter (28% increase on Dec 2011 Quarter)
- Delivering operational turnaround success at Laverton Laverton Produced 25,636oz in Quarter
- Reduced cash costs by 24% since takeover, down to $1,216/oz
- On track for back-to-back +45,000oz Quarters; and 175,000oz for FY 2012
* Based on 100% of Laverton production from date of Control - September 2011
To view the complete Focus Minerals Presentation, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-FML-590429.pdf
About Focus Minerals Ltd:
Focus Minerals Limited (ASX:FML) is a leading Australian gold producer operating two significant production centres in Western Australia's Eastern Goldfields. The company is the largest landholder in the Coolgardie Gold Belt, 35km west of 'Super Pit' in Kalgoorlie, where it operates 3 mines: The Tindals Underground; Tindals Open Pits; and The Mount underground. Gold is processed at Focus' 1.2Mtpa processing plant, Three Mile Hill, which is adjacent to the town of Coolgardie. Focus also operates, through its 81.57% majority shareholding in Crescent Gold, the Laverton Gold Project, located 250km northeast of Kalgoorlie in Western Australia. Laverton comprises a significant portfolio of large scale open pit mines, with ore being processed under an OPA at the nearby Barrick Granny Smith mill.
Contact:
Focus Minerals Ltd
T: +61-8-9215-7888
F: +61-8-9215-7889
E: info@focusminerals.com.au
WWW:
www.focusminerals.com.au
