AUSTRALIAN LISTED Monarch Gold Mining Co Ltd has achieved the first gold pour from its Davyhurst Mill in the Western Australian Goldfields.
In the September quarter, the company is expecting to produce 5,000 oz/mth of gold from the mill, which has a processing capacity of 1.2 Mt/y.
Monarch said production is anticipated to increase to as much as 10,000 oz/mth when ore from the firm’s Mt Ida project begins to be processed in November this year. The firm is targeting annual gold...
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