Artemis achieves record quarterly production in British Columbia as more expansion progresses
TSX-V-listed Artemis Gold has reported record quarterly production in the three months ended June 30, with output totalling 74 063 oz from the Blackwater mine, in British Columbia.
This marked a 20% year-on-year increase compared with output in the same quarter last year, driven by higher feed grades, higher gold recoveries and higher mill throughput in the processing plant.
In the year to date, Artemis has produced 135 986 oz of gold from the Blackwater mine, which puts it on track to meet full-year guidance of between 265 000 oz and 290 000 oz.
The Blackwater plant processed 1.34-million tonnes of ore during the quarter under review, with feed grades having averaged 1.86 g/t gold, while gold recoveries reached a record 92.2% rate as a result of continued process optimisation.
Artemis confirms that more debottlenecking and improvement projects are underway in the crushing, grinding and leach circuits, which will further increase plant throughput rates and improve reliability.
The company is concurrently advancing a Phase 1A expansion project that will increase the design throughput capacity of the existing process plant by 33% to eight-million tonnes a year. The expansions will be done before the end of the year.
Artemis is also advancing the Expanded Phase 2 project, which will increase yearly throughput to 21-million tonnes a year before the end of 2028 by adding a second, larger processing train to the existing facility.
All these projects combined will more than triple Artemis' current processing capacity at Blackwater and ultimately increase gold production to more than 500 000 oz/y.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Projects
Latest Multimedia
Latest News
Showroom
For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.
VISIT SHOWROOM
Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
