Leagold Commences Development of Bermejal Underground
Leagold Mining Corp. recently completed the surface preparation and has commenced portal development for the 1,325-meter-long exploration ramp that will provide access to the high-grade mineralization of the Bermejal Underground deposit in Mexico. The portal is located in a carbonate formation on the north side of the mined-out portion of the open pit. The $13 million capital budget includes a total of 3,136 m of ramp and cross-cut development and two ventilation raises totaling 560 vertical m that will be developed using a raise bore. A spur at the 650-m point of the main ramp will provide access to a test mining area on the southeastern part of the Bermejal Underground deposit and the mineralized body will be intersected in middle of half-year 2018.
Guatemalan Supreme Court Reinstates Escobal License
Tahoe Resources reported that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (MSR). This decision reverses the Supreme Court’s preliminary decision to suspend MSR’s license in connection with an action brought by the antimining organization, CALAS, against Guatemala’s Ministry of Energy and Mines (MEM). CALAS alleged that MEM violated the Xinca indigenous people’s right of consultation in advance of granting the Escobal mining license to MSR.
Alamos Pours First Gold at La Yaqui
Alamos Gold reported in early September that construction of the first phase of its La Yaqui mine in Sonora, Mexico, was substantially complete, on budget and ahead of schedule, and that the project had poured its first gold. The first pour totaled 410 ounces (oz). Gold production rates are increasing with the stacking of the first lift of ore on the leach pad completed and placed under irrigation in August.
Brio Gold Preparing to Restart Operations at Santa Luz Mine
Brio Gold has announced positive results from a feasibility study of its plans to restart operations at its Santa Luz mine in Bahia state, Brazil. Santa Luz is a fully constructed open-pit operation that was placed on care and maintenance in 2014 and is currently in development for recommissioning in the second quarter of 2018. Plant throughput capacity is planned at 2.7 million metric tons per year (mt/y). At average overall recoveries of 84%, Santa Luz is expected to produce approximately 100,000 ounces per year (oz/y) of gold over a mine life of 10 years.
Fluor JV Granted Contract for BHP Spence Growth Project in Chile
On Monday, September 25, Fluor Corp. announced that its joint venture team was awarded an engineering, procurement and construction contract for BHP’s Spence Growth Option project at the Spence open-cut copper mine in northern Chile. The 50/50 joint venture with SalfaCorp is responsible for the delivery of the 95,000-ton-per-day copper concentrator and associated works. Fluor will book its share of the value in the third quarter of 2017.