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Equinox Gold claims progress on construction of its Greenstone open-pit gold mine is on budget and on schedule to pour its first gold bar sometime in the first half of 2024.
The overall project is 35 per cent complete with US$315 million of its $1.23-billion construction budget spent as of June 30. Valency Inc. was hired to do an independent risk evaluation of detailed engineering and the progress made at Greenstone to come up with the assessment.According to their report, the site’s earthworks infrastructure is 48 per cent complete and slightly ahead of schedule, including at the processing plant , tailings facility and the work being done to realign Highway 11 around the mine site .The company expects most of the buildings to be finished by year's end.
In its news release, Equinox said four CAT 793 haul trucks were delivered and are being assembled. The first Komatsu PC-5500 excavator will be assembled during this year’s third quarter.
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