https://www.miningweekly.com

Brigus Gold lifts output from Ontario mine

9th October 2013

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

TORONTO (miningweekly.com) – Halifax, Nova Scotia-based Brigus Gold has lifted its third-quarter gold output from the Black Fox mine in Timmins, Ontario, 17% quarter-on-quarter, placing the company on track to achieve its full-year guidance.

During the quarter ended September 30, Brigus produced 27 174 oz of gold, bringing total output for the year to 76 799 oz, and sold 28 344 oz, lifting the year-to-date total to 78 652 oz.

The mine averaged a grade of 4.34 g/t gold and managed to achieve an average recovery of 94%.

The mill achieved record throughput of 2 256 t/d to mill a total of 207 559 t for the quarter.

Brigus recorded an average realised gold price of $1 330/oz, excluding the impact of sales under the gold stream agreement with Sandstorm gold. Under that agreement, Sandstorm buys 8% of the life-of-mine (LoM) gold output from Black Fox and 6.3% of the LoM gold produced from the Black Fox extension at $504/oz, having paid $32-million to acquire the stream.

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 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
Updated 6 hours ago
Magazine cover image
Magazine round up | 26 April 2024
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:0.522 0.56s - 111pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: