Polymetal marks first concentrate at Nezhda

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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Eldorado Gold sells Tocantinzinho to G Mining

G 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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