https://www.engineeringnews.co.za

Equinox achieves commercial production at Brazil mine

3rd July 2019

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

Canadian mining company Equinox Gold has achieved commercial production at its Aurizona gold mine, in Brazil.

During the month of June, the Aurizona processing plant operated at an average throughput of about 90% of its nameplate capacity of 8 200 t/d, exceeded 90% average recovery and produced more than 7 000 oz of gold.

Gold production is expected to continue to increase throughout the third and fourth quarters of this year, with average life-of-mine production estimated at 136 000 oz/y.

“Achieving commercial production at Aurizona is a considerable milestone, making Equinox Gold a multimine producer and bringing us one step closer to our near-term target of having three mines in production in 2020,” commented Equinox CEO Christian Milau in a statement released on Tuesday.

With commercial production achieved, the final condition pursuant to a previously announced corporate revolving credit facility has been completed and the remaining $30-million of the total $130-million has been made available to the company.

In addition to Aurizona, Equinox also owns and operates the Mesquite gold mine, in California, in the US, and expects Phase 1 production at its Castle Mountain mine, in California, in the US, to start in the first half of 2020.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Astore Keymak
Astore Keymak

Astore Keymak is one of South Africa’s leading suppliers of high-quality Thermoplastic Pipeline Systems, with branches in the major provinces.

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.054 0.886s - 140pq - 2rq
Subscribe Now