Right on schedule, Polymetal has confirmed that construction and commissioning have been completed and first concentrate production has been recorded at the Nezhda gold-silver operation in northeast Yakutia, Russia. The milestone was met on Oct. 16, two weeks ahead of its Nov. 1 target. The mine is now ramping up the concentrator with a target date for nameplate capacity of…
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Vancouver-based PureGold Mining has achieved commercial production at its PureGold operation in Red Lake. The milestone was met August 1, the producer said, following a successful commissioning. Read full article in North American Mining Magazine.
Read MoreG Mining Ventures (GMIN) has signed off on the purchase of the Tocantinzinho gold project in northern Brazil from Eldorado Gold. Financial details were not released. Under the deal’s terms, Eldorado will become a cornerstone shareholder of GMIN, a Canadian-based group that is currently building itself up as an intermedia gold producer. Tocantinzinho is the first step in that path;…
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