Keras Resources is an AIM-quoted resource development company with a diverse suite of assets in Australia and Africa. Given the iron ore sector downturn, Keras has stepped back from its African iron ore projects to focus on near-term gold production assets in Western Australia. Keras plans to commence gold production in Q2 2016, with a plan to build into a 30- 40koz producer. This new strategy drives shareholder value by acquiring access to permitted projects with low capex and opex, and the potential for near-term cash flow.
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