Junior miner Beacon Minerals has officially opened its Juardi gold mine, in Western Australia, after the project poured its first gold in September.
The A$21.4-million project is expected to recover some 126 000 oz of gold over a five-year mine life, generating life-of-mine revenues of around A$208.5-million and surplus operating cash flows of A$98.4-million at a gold price of A$1 650/oz.