Despite the legal shenanigans between the Beaconsfield mine joint venture partners, Allstate Exploration and Beaconsfield Gold, and more latterly with Macquarie Bank, mine management has continued to quietly beaver away producing gold and profits. The most recent results for the Beaconsfield mine show the operation near Launceston in Tasmania has produced net profit after tax of 7.5m dollars, And this for a mine where both joint venturers lapsed into administration just a few years back. While Allstate, the operator, remains in administration, the strong profits from the mine has enabled Beaconsfield Gold to relist on the Australian Stock Exchange.
展开▼
