Normandy more attractive to predators with $130m profit
Normandy Mining has kept itself firmly under the gaze of potential foreign predators with a strong final quarter, ensuring it remains on track to report a record annual net profit of close to $130 million.
Normandy's latest production report showed Australia's biggest gold miner was producing at annualised rate of 2.2 million ounces at a total cash cost of less than $300 an ounce by end of the quarter as several several mines reached full capacity.
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