Beadell boosts Q2 output, costs up 20%

While gold miner Beadell Resources managed to increase its gold production and sales in the second quarter, its costs surged between the June last year and June this year, partly owing to the strengthening of Brazil’s currency. Beadell boosted its gold production at the Tucano mine by 15% year-on-year to 24 568 oz and increased its sales by 26% to 26 487 oz, the ASX-listed miner reported on Thursday.