Nordgold has started gold production at its Gross heap leach mine in southwest Yakutia in eastern Russia. The mine is scheduled to produce 200,000 ounces per year (oz/y) of gold over a period of 17 years and lift Nordgold into the group of gold mining companies worldwide that produce more than 1 million oz/y.

The Gross mine’s ore reserves are estimated at 189.8 million mt at a grade of 0.72 grams/mt gold for 4.4 million oz of contained gold. Measured, indicated, and inferred resources are estimated at 464.6 million mt at an average grade of 0.67 g/mt for 9.7 million oz of contained gold.
Read the Whole Article in our Digital Edition