The Montagne d’Or joint venture in French Guiana (Nordgold 55.01%/Columbus Gold 44.99%) has announced a decision to proceed with permitting and development of its Montagne d’Or gold mine in northwest French Guiana. The project feasibility study published in March 2017 demonstrated the viability of an open-pit mining operation producing an average of 237,000 ounces per year (oz/y) of gold over the first 10 years of mine life at an average plant feed grade of 1.73 grams/metric ton of gold.
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