- Write by:
-
Thursday, April 28, 2022 - 14:56:01
-
329 Visit
-
Print
Mining News Pro - Galantas Gold said on Wednesday it expects to re-start commercial operations at the past producing Omagh gold mine in Northern Ireland in June.
The Canada-headquartered junior said it had made significant progress in rehabilitating the underground workings, refurbishing, acquiring critical mining equipment, and installing electrical, water and ventilation systems.
Galantas, however, delayed completion of the secondary egress and installation of the manway, which is a prerequisite for the start of production, to mid-May. It said it needed the extra time for the safe rehabilitation of the ramp access and ore headings.
Omagh’s underground development was paused in 2017 until local police (PSNI) were able to increase availability of anti-terrorism cover.
Blasting activities were halted again in the late 2019 mainly because of limitations imposed by the PSNI. Ore production was then suspended in 2020 due to insufficient funds and the impact of the global pandemic.
Initial production is expected at 4,500 to 5,500 ounces for the balance of the year and to jump to 17,800 ounces of gold in concentrate in 2023, the company said in January.
A second phase development of the mine would target annual production of 35,000 ounces of gold a year.
Short Link:
https://www.miningnews.ir/En/News/621174
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, ...
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions ...
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric ...
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, ...
First Quantum Minerals said on Monday it is looking forward to talks with Panama’s new government to find a resolution ...
BHP has put South Africa and its mining sector on the spot. The $140 billion Australian group’s ambitious swoop on rival ...
Gold rose after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the ...
No comments have been posted yet ...