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Doray write-down leads loss

Gold miner reports reduced life at Australian operation

Mining Journal
Andy Unwell: The impairment at Doray Minerals' Andy Well has seen one firm cut its share-price target by 24%

Andy Unwell: The impairment at Doray Minerals' Andy Well has seen one firm cut its share-price target by 24%

The hit came from revisions at Doray's two Western Australia mines, Andy Well and Deflector.  The company said Andy Well will have a reduced mine life and will produce less gold. It will now run to June...

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