Freeport Indonesia to process 400,000t of copper concentrate at new smelter
Earlier this month, Freeport obtained an export permit for the rest of the year from the government.
Canadian Centerra Gold (TSX: CG) said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at the plant.
“Boroo expects to resume the heap leach operation following re-commissioning and estimates that production from the heap leach will add approximately 2,000 ounces of gold per month starting in December,” said Centerra in a statement.
Also, at the Altan Tsagaan Ovoo (ATO) project in Eastern Mongolia, the Mineral Reserve Authority of Mongolia has issued a mining license to Centerra Gold Mongolia for the ATO project area. Exploration drilling is continuing on the ATO property targeting extensions and feeders to the pipe-like bodies hosting the possible strike extensions to the nearby Mungu prospect. Regional exploration on the larger land package, including other target areas will continue during 2012.
Image: Boroo mine site, courtesy of Centerra Gold.
