Yamana Reports Commercial Production At Cerro Moro Mine
Commercial production has been declared atYamana Gold Inc.’s (TSX: YRI; NYSE: AUY) Cerro Moro gold and silver mine in Argentina,the company reports. “The project has been brought to this stage onschedule and on budget, which reflects the significant efforts by operationsand technical services management since construction began a few years ago,”says Daniel Racine, executive vice president and chief operating officer. Thefirst gold and silver dor?(C) production at the mine was announced on May16, and the company had planned on the ramp-up to commercial production in thesecond quarter. The focus at the mine is now on optimizing the operationand ensuring operating costs reach guidance levels, Yamana says.
By Allen Sykoraof Kitco News; asykora@kitco.com
Roxgold:Bagassi South Project On Track For 4Q Ore Delivery
Tuesday June 26, 2018 09:26
Roxgold Inc.(TSX: ROXG) reports that the Bagassi South mining decree was approved by theBurkina Faso Council of Ministers, with construction on track for the first oreto be delivered in the fourth quarter. The decree extends the existing 2013mining convention currently in place at the 55 Zone and carries the same terms,Roxgold says. Bagassi South will be the company’s second high-grade undergroundgold mine. “Construction at Bagassi South has been progressing extremely welland we continue to be on track for delivery of first ore from our second mineexpected in the fourth quarter,” says John Dorward, president and chiefexecutive officer. “The process plant expansion is also tracking on schedulewhere we look forward to increasing Yaramoko’s gold production by approximately40% to 160,000 ounces in 2019.” Development and construction at the BagassiSouth project, located 1.8 kilometers south of the Yaramoko processing plant,is now some 55% completed, Roxgold says.
By Allen SykoraFor Kitco News
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