PERTH (miningweekly.com) – Dual listed gold miner OceanaGold has poured its first gold at the Haile gold mine, in South Carolina.
“The first gold pour at Haile is another significant achievement for the company, the value communities of Kershaw and Lancaster, and the state of South Carolina,” OceanaGold president and CEO Mick Wilkes said on Friday.
“This achievement marks the first gold production from the Haile gold mine in 25 years, and nearly 190 years since gold was first produced there. The Haile gold mine is a world-class asset with leading margins, a growing resource and significant expansion potential.”
Commissioning activities at Haile initially started with the grinding and leaching circuits with mill feed from stockpiled ore.
With these circuits now up and running, commissioning is now moving to the flotation and fine grinding circuits as part of the planned sequential introduction of transitional and sulphide ores into the mill.
OceanaGold expects to produce between 150 000 oz and 170 000 oz of gold at Haile in 2017, at sector leading all-in sustaining costs between $500/oz and $550/oz. OceanaGold is currently also working on a Haile expansion study, with results expected in the middle of 2017.
Edited by: Creamer Media Reporter
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