Pretium Submits Application to Increase Brucejack Production Rate

Pretium Resources Inc. (TSX:PVG) announced that it has submitted an application to the BC Ministry of Energy, Mines and Petroleum Resources and the BC Ministry of Environment and Climate Change Strategy to increase its Brucejack mine’s production rate to 3,800 tonnes per day.
As quoted in the press release:

The application submitted on December 20, 2017 reflects a production rate increase to an annual average of 1.387 million tonnes from 0.99 million tonnes (daily average of 3,800 tonnes from 2,700 tonnes). The approval process is expected to take approximately six to twelve months.

Engineering is underway to assess the mill capacity upgrades required to increase the production rate. Based on preliminary engineering, the capital cost to increase the mill capacity is estimated to be less than US$25 million and will be updated when the engineering process is complete.

Click here to read the full Pretium Resources Inc. (TSX:PVG) press release.