Reuters reported that International Tower Hill (TSX:ITH) intends to open a higher output mine and mill at the Livengood project.
The market news is quoted as saying:
By changing the mine plan to use large-scale equipment, and by building a 100,000 tonne-a-day mill to process the ore, the company will be able to produce about 650,000 ounces of gold a year on average, said chief executive James Komadina.
To read the full market news, click here.
