Articles for tag: Equinox, Gold, Greenstone, Ontario, pours

May 23, 2024

Ron Finklestien

mining

Equinox pours first gold at Greenstone mine in Ontario

Equinox is targeting 90% of the 27,000 tonne-per-day plant capacity by the end of 2024. It has also increased mining rates ahead of first pour and stockpiled 1.5 million tonnes of stockpiled ore by the end of first quarter. Production at Greenstone in 2025 is expected to total 199,000 oz. at an all-in sustaining cost (AISC) of $879/oz. in the second half, matching its guidance of 175,000-210,000 oz. at $840-$940/oz., BMO said in a note. When at capacity, the operation is expected to produce approximately 400,000 oz. annually over its first five years, and 360,000 oz. per year over its

April 29, 2024

Ron Finklestien

mining

Endeavour pours first gold at Senegal mine expansion

Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Lawrence Manjengwa, vice president and head of operations at Sabodala-Massawa, pictured with the first gold bar from the expansion. (Image courtesy of Endeavour Mining.) Commercial production at the expansion project is expected late in the second quarter and it will ramp up to its nameplate capacity of 1.2 million tonnes a year in the

April 22, 2024

Ron Finklestien

mining

Ascot pours first gold at Premier, aims for Q3 production

“The first gold pour is a hallmark commissioning milestone for Ascot, representing the culmination of years of hard work,” CEO Derek White said in Monday’s news release. Commercial production is anticipated in the third quarter of this year. The Premier project is located 25 km from the town of Stewart, within the famed Golden Triangle region of BC. It is home to a former underground gold mine that opened in 1918 and included four deposits – Silver Coin, Big Missouri, Premier, and Red Mountain. While in operation, it was the largest gold mine in North America until its surface buildings