CRG shares boost after equipment gain

[miningmx.com] – SHARES in Central Rand Gold gained the most on record, said Bloomberg News, adding that the improvement followed the company’s announcement it had bought new crushing equipment that would lift output.

“The problem with the company is it lacked investment and the opportunity to reset their business from an operational perspective,” Kieron Hodgson, an analyst at Charles Stanley Securities, told Bloomberg.

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