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Oz gold miner Red 5 rises on profit

Building blocks in place to become multi-mine producer by 2022

Kristie Batten
Red 5 managing director Mark Williams

Red 5 managing director Mark Williams

Revenue jumped from $154 million to $200.3 million on sales of 92,953 ounces of gold. Underlying EBITDA was $54 million, up from $30.9 million. The gross profit from operations was $39.2 million,...

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