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    gold investing

    International Tower Hill looks for big gold output

    Written by Investing News Network
    |
    Jul. 25, 2011 12:23PM PST

    Reuters reported that International Tower Hill (TSE:ITH) intends to open a higher output mine and mill at the Livengood project.

    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.

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