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New WA gold mine gets the go-ahead

Southern Gold and Metals X have approved the immediate start of mining at the Cannon gold project...

Kristie Batten
Southern Gold and Metals X have approved the immediate start of mining at the Cannon gold project near Kalgoorlie.

Southern Gold and Metals X have approved the immediate start of mining at the Cannon gold project near Kalgoorlie.

Upfront capital costs for the development are just $A895,000, which will be fully funded by Metals X, as well as operating costs, with Southern Cross to repay its share through project cashflow. The...

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