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OceanaGold to ship first Reefton gold concentrate in February
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filed under:
Petroleum
2 February 2007 - Dry-commissioning of OceanaGold's Globe Progress process plant at Reefton on the West Coast of the South Island started during the last week of December 2006.
The 1 million tonne a year process plant commenced with the mills and will proceed into wet-commissioning by mid-February 2007.
Mining has been active since July of 2006 with 21,300 tonnes of ore currently stockpiled for processing through the crushing, grinding and flotation plant.
First concentrate is expected to be shipped in mid-February 2007 and the processing plant is scheduled to be in full production by the end of First Quarter 2007. The concentrate will be shipped to the company's Macraes gold mine plant in east Otago.
OceanaGold is forecasting 60,000 to 65,000 ounces of gold production from Reefton during 2007.
“This is the first new mine that OceanaGold has built and the commissioning of Reefton is preceding to our expectation and representation. Mining is on target and recruitment of professional staff is complete. As such, we believe that we can achieve a full year of production from this operation”, Stephen Orr chief executive officer said.
Source: OceanaGold.
Mining has been active since July of 2006 with 21,300 tonnes of ore currently stockpiled for processing through the crushing, grinding and flotation plant.
First concentrate is expected to be shipped in mid-February 2007 and the processing plant is scheduled to be in full production by the end of First Quarter 2007. The concentrate will be shipped to the company's Macraes gold mine plant in east Otago.
OceanaGold is forecasting 60,000 to 65,000 ounces of gold production from Reefton during 2007.
“This is the first new mine that OceanaGold has built and the commissioning of Reefton is preceding to our expectation and representation. Mining is on target and recruitment of professional staff is complete. As such, we believe that we can achieve a full year of production from this operation”, Stephen Orr chief executive officer said.
Source: OceanaGold.
