DEG 0.21% $1.19 de grey mining limited

Gold Price, page-545

  1. 1,395 Posts.
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    Hi GBG and thanks for posting.

    Interesting that there are 19 POX plants operating around the world and that 1/3 of gold mining going forward will be refractory ore because we are mining out the oxide material. Proven technology. First POX plant in Australia, opens up opportunity to process ore/concentrate from Oz and OS, good for grade and LOM.

    We've recently employed a POX engineer and Project Director Peter Holmes took Barrick's Pueblo Viejo project from PFS to plant handover. PV is refractory ore, uses POX and has averaged 900kozs pa production since 2013. Hemi plant design and implementation to benefit from previous experience elsewhere.

    Glenn said financing announcement next week or early July and early works start H2 2024. Cheers.

    GLTAH!

 
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