Lunnon Metals (ASX:LM8) said it received AU$12 million as payment in June from Gold Fields for gold mined under an ore purchase agreement, with over 62,000 tonnes at 1.73 g/t grade of gold, containing 3,473 ounces of gold, delivered from the Lady Herial open pit gold mine in Western Australia, according to a Thursday Australian bourse filing.
The operations are expected to be completed in August or September. Around 90% of the total pit volume had been mined, and 66% of the gold by the end of June.
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