Kaiser builds $45.6M war chest on steady Vic,Tassie gold output

Kaiser Reef reported total gold production of 5,534 ounces for the March quarter, boosting its cash position to A$45.6 million. The Henty gold mine in Tasmania was the top contributor with 5,188 ounces. With a fully funded balance sheet, Kaiser is positioned to take advantage of the rising gold prices ahead of the June quarter.

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Summary by Glance · Original reporting by Brisbane Times