Independence Group exceeds production guidance
INDEPENDENCE Group has beaten its forecasts for copper, nickel and gold production for the half-year ended December 2019 as a result of higher output from its Nova and Tropicana mines in Western Australia. The company said gold output from Tropicana was 257,250oz in the six months ended December 2019, exceeding Independence Group’s guidance of 225,000 to 250,000oz for the period. Independence Group’s 30pc mine share from Tropicana was 77,550oz which was just over the company’s guidance figure of 75,000oz. Independent Group chief executive Peter Bradford said the company was expecting the Nova mine to maintain its production in line with company guidance as it focuses on delivering cost improvements and operational efficiencies. “At Tropicana, we also expect to produce within...