Missing RNS25 Nov 2014 09:38
Has there been a RNS? I cant see one. Surely this is price sensitive information. Shares in Mwana Africa (LSE: MWA) climbed 11% to 2.2p in early trading, after the African gold and nickel miner reported that gold production from its Freda Rebecca mine in Zimbabwe had risen by 23% to 16,555 ounces during the second quarter, while all-in sustaining costs fell by 17% to $1,061 per ounce.
This suggests Mwana can remain profitable even if the price of gold remains weak. Mwana's CEO, Kalaa Mpinga, says that recent modifications to the mine "appear to be bearing fruit" and should result in "a more consistent operating performance in the coming quarters".