Doray dumps debt and exploration project
Junior gold miner Doray Minerals has reduced its net debt to A$23.4-million, with the miner saying that at the end of June, cash and payable metals accounted for around A$26.6-million, while total debt stood at A$50-million.
The miner on Wednesday told shareholders that it had received a total of A$19.42-million from the sale of gold copper middlings product from the Deflector mine, in Western Australia.