Regis Resources set to expand Rosemont gold mine in WA
August 10th, 2018
Regis Resources has received board approval to expand its Rosemont operation. An underground mining operation will be developed directly below the current open pit starting next year.
Regis executive chairman Mark Clark indicated a very strong possibility of replicating this development at the company’s Garden Well operations 100km north of Laverton in the near term, as well as the Duketon satellite pits in Western Australia.
Clark said, “The decision to approve the first development of an underground mine at one of our Duketon operations is a very exciting step for Regis.
“We believe that the approved Rosemont underground operation is a robust business in its own right, but just as importantly will see the infrastructure in place to grow that mine through exploration from an established underground footprint.”
The open pit and new underground mine are expected to deliver a combined 10.3 million tonnes (Mt) of ore at 1.72 grams per tonne (g/t) for 570,000 ounces (oz) over its current five-year mine life. Read more…