An optimised mine schedule for the Theta openpit starter project, in South Africa, has added 40 000 oz of gold, ASX-listed Theta Gold Mines said on Monday.
The optimised mine schedule reflects an increase in the production rate from 500 000 t/y to 600 000 t/y, and includes mining of several old wast rock dumps and increases the overall mine operational flexibility, while also reducing the environmental footprint of the project.