Jarden Brief: A2 Milk slumps to lowest price in three years
18 May, 2021 08:26 PM
8 minutes to read
It has been a tough period for A2 Milk. Photo / File
NZ Herald
New Zealand New Zealand equities ticked up 0.1 per cent yesterday with the S&P/NZX 50 closing at 12,428.6 points.
Top sector gains included industrials and utilities, each leading the way with 0.9 and 0.8 per cent increases, respectively.
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Index movements were well supported by the corporate travel service provider Serko, jumping 4.9 per cent ahead of its full-year earnings release later today. Joining Serko was property company Argosy Property (+4.7 per cent), which also expects to report its full year result today.
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Kin Mining boosts Cardinia Gold Project resource to 1.23 million ounces with measured and indicated categories up 15%
Further updates to the mineral resource estimate at CGP are expected in the September quarter with the inclusion of additional drilling at Cardinia Hill. Sunrise at the Cardinia Gold Project in WA’s Eastern Goldfields region.
Kin Mining NL (ASX:KIN) (FRA:8KM) has updated the mineral resource estimate for the Cardinia Gold Project (CGP) near Leonora, Western Australia, to 30 million tonnes at 1.28 g/t for 1.23 million ounces of contained gold, including updated estimates for Bruno-Lewis and Hobby deposits.
Notably, the updated estimate includes a 15% increase in the higher confidence measured and indicated portion of the resource to 17 million tonnes at 1.39 g/t for 762,000 ounces, reflecting a successful infill drilling program conducted in recent months.