https://www.miningweekly.com
Flow|PROJECT|Contracting|Flow
Flow|PROJECT|Contracting|Flow
flow-company|project|contracting|flow-industry-term

Abcourt to reawaken Sleeping Giant

28th August 2020

By: Creamer Media Reporter

     

Font size: - +

Canadian junior Abcourt Mines is reopening the Sleeping Giant mine, halfway between Amos and Matagami in Abitibi, Quebec, with the aim of processing some ore at the end of September, or early October.

The TSX-V-listed company acquired the Sleeping Giant mine and mill in 2016, and in June announced plans to reopen the mine.

To date, Abcourt has invested more than $5-million in the reopening of the mine, with cash flow from the Elder mine.

“The company is very proud to have realised this project without contracting any debt,” said Abcourt in a statement on Thursday.

The rehabilitation of the mill and tailings pond was started immediately after the purchase of the property in 2016.

Reopening the mine will enable Abcourt to use the fill capacity of the mill and should reduce the operating cost per tonne treated.

Edited by Creamer Media Reporter

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Showroom image
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024

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







sq:0.152 0.195s - 109pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: