- Write by:
-
Saturday, November 9, 2019 - 10:53:55 AM
-
593 Visit
-
Print
Mining News Pro - Australia’s Resolute Mining has received a new environmental permit that will allow the miner to expand an existing tailing storage facility at its Ravenswood gold operation in north Queensland state.
According to Mining News Pro - The license also lets the company proceed with in-pit tailings storage, part of a broader mine expansion project, which will provide Resolute with the ability to safely store waste for the operation’s entire 10-year life.
Resolute managing director and chief executive, John Welborn, said all major approvals for the plan to expand gold annual production to 200,000 ounces over the mine life are now in place.
“With available gold resources of almost six-million ounces, decades of operational excellence in open pit mining, efficient processing infrastructure, low cost grid power, and a stable skilled local workforce, the Ravenswood Expansion Project (REP) has obvious potential to deliver considerable economic benefits to shareholders, the local community and the Queensland government,” Welborn said in the statement.
The Perth-based miner said in September that the first stage of the mine expansion had already started, with the recommissioning of the third grinding mill at Nolans processing plant underway.
Once complete, Resolute will be able to return to a processing rate of five million tonnes per year. Ravenswood is located about 95km southwest of Townsville.
The company expects the mill recommissioning will be fully operational by the end of the current quarter.
Short Link:
https://www.miningnews.ir/En/News/442990
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in ...
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South ...
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s ...
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s ...
No comments have been posted yet ...