Your trusted source for investing success since 2007. Renowned for our market outlook reports and investing guides.
American Bonanza Gold Corp Adopts Changes in March for Development Mining of Ore Zones
American Bonanza Gold Corp. (TSX:BZA, OTCQX:ABGFF) announced progress updates at their Copperstone gold mine in Arizona from March 2013.
American Bonanza Gold Corp. (TSX:BZA, OTCQX:ABGFF) announced progress updates at their Copperstone gold mine in Arizona from March 2013.
As quoted in the press release:
These changes included a new approach to the development mining of ore zones. New development headings are now being mined parallel to and near the ore zone, instead of the past practice of approaching ore zones by development mining along strike into each ore zone. Upon completion of the development drift, the ore zones will then be accessed by short crosscuts into and across the middle of the ore zones. This allows for significantly shorter access into the ore zones, more ore mining areas because ore production will reach both directions along strike from the access crosscut, shorter backfilling requirements, and less mining of material with low grades at the strike extremities of the ore zones.
American Bonanza’s President and CEO, Brian Kirwin, said:
We are starting to see the results from our change in the mining plans and the focus on sustainable production. The addition of our new Mine Manager, Senior Geologist and Controller has reinforced our senior team, and their expertise and positive contributions to the project have been welcomed by all at Copperstone. We will continue to see some irregularities in grade and product through April as we implement our sustainability goals but are committed to catching up on development as quickly as possible and declare commercial production.
To view the whole press release, click here.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1940.66 | -22.52 | |
Silver | 23.45 | -0.15 | |
Copper | 3.76 | -0.01 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 72.60 | +0.86 | |
Heating Oil | 2.41 | +0.04 | |
Natural Gas | 2.33 | +0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.