https://www.miningweekly.com

Equinox studies Castle Mountain expansion

24th November 2020

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Canadian mining company Equinox Gold is considering a Phase 2 expansion at the Castle Mountain mine, lifting the US mine’s output to an average of 200 000 oz/y.

A feasibility study for the expansion is targeted for completion in the first quarter of 2021, the TSX- and NYSE American-listed miner said on Monday.

During Phase 1, the mine will produce 40 000 oz/y.

Equinox on Monday announced that Castle Mountain had achieved commercial production and that the mine would produce between 5 000 oz and 10 000 oz of gold this year.

“Achieving commercial production at Castle Mountain is an important step for what will ultimately be a long-life 200 000 oz/y gold mine, bringing significant benefits to local communities, the state of California and Equinox Gold's shareholders,” commented CEO Christian Milau.

Castle Mountain poured its first gold on October 15. Loaded carbon from Castle Mountain is processed in the carbon stripping and smelting plant at the company’s Mesquite mine, also in California.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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