Join our community of smart investors

Cluff Gold faces production problems

TIP UPDATE: Production falls and wage inflation hit Cluff Gold, but the yellow metal still has its attractions
August 15, 2012

Cluff Gold saw a 12 per cent fall in ore processed during its latest half year, with production costs climbing by 17 per cent to $986 per oz. However, a stronger average gold price helped to offset these factors to keep revenues flat at $47.5m (£30m).

IC TIP: Buy at 57p