Inmet Reports Positive Outlook for Cobre Panama Project

On March 31, 2010, Inmet Mining reported positive results from a front-end engineering and design study for its Cobre Panama project in Panama. The study, completed by AMEC Americas, contemplates construction of an open-pit mining operation, concentrate pipeline, and port at a total capital cost of $4.32 billion. Production of metal contained in concentrates over a 30-year mine life is forecast at 255,000 mt/y of copper, 90,000 oz/y of gold, 1.51 million oz/y of silver, and 3,200 mt/y of molybdenum. During years two to 16 of operation, production is estimated at 289,000 mt/y of copper, 108,000 oz/y of gold, 1.54 million oz/y of silver, and 3,600 mt/y of molybdenum.

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Minefinders Planning to Add Mill to Dolores Operations

Minefinders Corp. has received the results of an independently prepared draft prefeasibility study assessing the addition of a mill to its Dolores heap leach gold operations 250 km west of the city of Chihuahua, Mexico. The company is advancing to a detailed feasibility study, which will evaluate additional mill options. 

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Alamos Adding Screening Plant at Mulatos

Alamos Gold is installing a new screening plant between the secondary and tertiary crushers at its Mulatos open-pit/heap leach operations in Sonora, Mexico. The installation will result in crushed ore less than 3/8-in. in size being removed from the circuit ahead of the tertiary crushers and conveyed to an agglomeration facility before being stacked on the heap-leach pad.

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