Report summaryDuring the first period of operation, milling capacity reached approximately 2,500t/d at peak production, but declined prior to closure in 2008, as reserves were depleted and became more difficult to access. The operating company filed for bankruptcy in 2009. After exploration and evaluation work identifying new reserves, the mine re-opened in 2010 and an expansion to 3000tpd is planned for 2017. We have assumed the ramp up in production from the expansion will begin in 2017, with full production reached in 2018.
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