- Write by:
-
Wednesday, February 6, 2019 - 10:18:01 AM
-
1183 Visit
-
Print
Mining News Pro - Construction of the Gold Bar mine near Eureka, Nevada is on time and on budget. Owner McEwen Mining of Toronto says the first gold pour will happen this month, and the $81.4 million budget has not increased. Commercial production is expected by the end of Q1 2019.
According to Mining News Pro - McEwen has placed about 136,000 tonnes of ore on the leach pad, and anticipates producing 55,000 oz. of gold this year at an all-in cost of $975 per ounce. Output will average 62,800 oz. per year over a 7.4-year life.
Heavy snow and cold temperatures made December and January challenging for work at the site. Electrical work, instrumentation installation, and commissioning of the gold refinery circuit remain to be completed at the process plant.
Exploration drilling continues, and the company plans to add the resources at Gold Bar South, giving the project an extra year of life. The 2019 exploration budget is $4.4 million.
Short Link:
https://www.miningnews.ir/En/News/334186
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a ...
i-80 Gold fell by over 11% at market open Tuesday following its announcement of a C$100 million ($74m) public offering ...
Australia’s Westgold Resources said on Monday it had agreed to acquire Toronto-listed Karora Resources in a ...
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the ...
No comments have been posted yet ...