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Southern Gold debt free after Cannon payment

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Gold miner Southern Gold has received its third profit share distribution from operations at the Cannon gold mine in Western Australia. Southern Gold on Tuesday reported that each of the joint venture partners at Cannon will receive A$2-million, taking total payments from the Cannon mine to date to $5.5-million each for Southern Gold and Westgold Resources.
 
 
 
 
 

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