Officials said it delivered 185,730t mined, higher than its budget, and it generated production of about 12,704oz with an operating profit of A$5.5 million (US$3.96 million).
The final ore haul was mined in late November, the miner said. It we sent to AngloGold Ashanti's SDGM operation (Sunrise Dam gold mine) and delivered on December 24.
"Red Dog…was an outstanding success and further demonstrates Matsa's ability to profitably mine small deposits," executive chairman Paul Poli said. "New opportunities for further mines have been identified within the Lake Carey gold project with planning commenced to enable continuation of the company's strategy."
In related news, Matsa, which owns 100% of Red Dog, said the two small-scale operations it has identified could enter production this year. It is currently in the mine planning and preparation phase, and then will lodge the plans with authorities once complete. It did not reveal any further timeline.
