Make Kitco Your Homepage

Pretium Resources Reports Commercial Production At Brucejack Mine

Kitco News

Commercial production has been achieved at Pretium Resources Inc.’s (TSX, NYSE: PVG) Brucejack Mine in British Columbia, the company says. Under a credit agreement with lenders, the date of commercial production date is the first day of the month immediately following the first calendar month during which the process plant processes ore at an average rate of 60% of one-twelfth of yearly nameplate capacity (985,500 tonnes per year or 2,700 tonnes per day). During June, the process plant at Brucejack processed 70,805 tonnes of ore (87.4% of one-twelfth of yearly nameplate capacity) for an average of 2,360 tonnes per day, the company says. “Higher-grade ore has begun to be introduced to the process plant as work continues on optimizing recoveries in the gravity and flotation circuits,” the company adds.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News