Asset’s reserves as at December 31, 2018 increased 4% to 1.9 million tonnes grading 11 grams per tonne of gold for 688,000 ounces, while measured and indicated resources increased 7% to 3.5Mt from a year earlier.
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Commissioning the mill began two months ago and has now reached the planned commercial rate of 500 t/d.
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As part of the deal, Canada’s Royal Road Minerals will pay AngloGold around $4.6 million in cash, with further payments amounting to $35 million in total if certain milestones are reached.
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Fura Gems has launched the Provenance Proof Blockchain designed to promote transparency in the coloured gemstones industry.
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Pure yellow metal was observed in the test concentrates obtained from five hard rock trial pits.
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Cordoba presented criminal charges before Colombian prosecutors against nine members of former management at its subsidiary in the South American country.
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For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
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The applications cover a total area of 1,757 square kilometres and are located within the western Chocó department.
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Americas Market Intelligence says companies need to do their due diligence.
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“Many companies have mothballed their plans until they can finance again. There are only a handful of companies that are doing any meaningful gold exploration work at the moment.”
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