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Endeavour Mining’s Tabakoto Gold Mine Operating at Design Capacity

Written by Investing News Network
|
Jun. 26, 2013 08:32AM PST

Endeavour Mining Corporation (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announced that the expanded mill at their Tabakoto Gold Mine is operating at capacity and anticipates throughput to average 4,000 tpd.

Endeavour Mining Corporation (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announced that the expanded mill at their Tabakoto Gold Mine is operating at capacity and anticipates throughput to average 4,000 tpd.

As quoted in the press release:

The mill expansion has increased capacity from 2,000 tpd to 4,000 tpd and included addition of a SAG mill, additional CIL tanks, an additional thickener, a new gravity tower, an in-line leach reactor and a new gold room. Feed to the mill during 2013 is approximately 50/50 from the Djambaye open pit and the Tabakoto underground mine. Development of a second underground mine at the Segala deposit is proceeding well toward production in early 2014. Development has reached 670 metres from the portal.

Endeavour’s CEO, Neil Woodyer, said:

We are very pleased to have completed the mill expansion on plan and on budget. The mill is meeting our expectations, which include increasing our gold production while reducing our unit operating costs. The expanded Tabakoto operation is now producing gold at a rate of approximately 150,000 ozs per year.

To view the whole press release, click here.

asx:evr tsx:edv otcqx:edvmf
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