Silver Mines’s Bowdens project in New South Wales is set to start operations in 2023 and will have an initial output target of 6 million ounces a year.
Delays are especially pronounced for getting the country's environment ministry Semarnat to approve environmental impact statements for mining projects.
If they ink a definitive agreement, AngloGold could earn an initial 75% interest in three gold projects by paying $2.55m in cash plus $10m on exploration.
