Monarch Mining produces first gold bar from its Beaufor Mine kitconews gold silver economics mining metals investing finance
Monarch Mining reported today the production of its first gold bar from its wholly-owned Beaufor Mine and Beacon Mill, located east of Val-d'Or, Quebec.
During the production for the month of July, the Beacon Mill achieved a record day of 765 tonnes of ore and ore recovery ranged from 96.3% to 98.7%. While this data is preliminary at this stage of the milling process, it is nonetheless a very positive result. After this first pour, the ore stockpile currently stands at 23,914 tonnes at an average grade of 4.76 g/t Au.
Monarch Mining Corporation is a fully integrated mining company that owns four projects. The company's Beaufor Mine, has produced more than 1 million ounces of gold over the last 30 years.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lundin Mining founder Lukas Lundin dies at age 64Lukas Lundin passed away following a two\u002Dyear battle with brain cancer. Read more here.
Read more »
Lundin Mining founder Lukas Lundin dies, aged 64 - BNN BloombergCanadian mining heavyweight Lukas Lundin has died after a two-year battle with brain cancer, according to a statement from Lundin Mining Corp. He was 64.
Read more »
Inquest into 2015 Sudbury mining death to be held in AugustFive person jury will be asked to find precise cause of Richard Pigeau's death and make recommendations to prevent a similar occurrence in the future
Read more »
Tools for ESG investing in mining are emerging but due diligence challenges remainSome data providers are putting together rating systems designed for investors looking for a more straightforward seal of approval, but the standardized approach doesn’t work for every miner
Read more »
Chile mining companies say there is limited room to hike taxes -newspaper
Read more »
Gold's good bad weekKitco News' contributed commentary features articles and opinions from some of the top experts in the gold industry.
Read more »