https://www.miningweekly.com

Portia mine pours $2m worth of gold in one day

21st July 2016

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Having reported its first million dollars of gold income a few weeks ago, South Australian miner Havilah has doubled that in just one day by pouring four gold bars totalling about 40 kg.

Site analysis indicates that the bars have a purity of more than 90% and will be worth about $2-million at current gold prices.

“Portia is living up to our expectations both in terms of gold grade reconciliation and grade distribution,” MD Chris Giles said on Thursday.

Over the last week, Havilah’s mining partner, Consolidated Mining and Civil, has delivered more than 14 000 t of high-grade ore and 20 000 t of medium-grade ore to the processing plant stockpile, which should allow the processing plant to maintain production rates.

Havilah also reported that steady progress was being made on increasing the ore throughput rates with 24-hour operation and improved availability of processing plant.

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