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21
Sep
2017
Red 5 warns of further impairmentsBy:Creamer Media Senior Deputy Editor: Australasia GOLD Gold miner Red 5 has warned of a noncash impairment of between A$28-million and A$30-million on the carrying value of its Siana gold project, in the Philippines.
The impairment charge expected to be recorded in the June year-end will be in addition to the A$70.4-million expense recorded in the half-year ended December.
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