Minera nears completion at San Santiago plant

27th June 2014 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

Minera nears completion at San Santiago plant

Photo by: Bloomberg

PERTH (miningweekly.com) – Junior gold miner Minera Gold would start commissioning of its San Santiago plant, in Peru, over the next two weeks.

The company reported on Friday that all major equipment had been delivered to the site, and was currently being installed and fitted, with the ball mill due to arrive on site by the end of the week.

The shipping of stockpiled ore at Minera’s Torrecillas gold project, some 180 km way, would start over the course of the next week.

The San Santiago processing plant would mainly be used to treat ore from the Torrecillas gold project, but the company has previously noted that toll treatment of a third-party ore would be considered to fill any excess capacity in the circuit, particularly where grades exceeded 20 g/t gold.

Minera on Friday said that the San Santiago mill commissioning would occur within the first two weeks of July, and the first shipments to local refineries would occur soon thereafter.

Meanwhile, Minera said that it had received a number of approaches for possible third-party toll treatment through the San Santiago mill.