Catalyst Metals Limited (AU:CYL) has released an update.
Catalyst Metals Limited reported a significant year with a 41% increase in gold production at its Plutonic mine, achieving a total annual production of 110koz. In spite of the increased output, operating costs only rose by A$11m. The company also reduced its debt substantially to A$8m, and is set to focus on expanding production further with its Trident and Plutonic East projects.
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