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.