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Robex Resources: Significant Increase in Gold Production and Sales Since December 1, 2017
Mar. 12, 2018 08:27AM PST
Gold Investing
Robex Resources (“Robex” and / or “the Company”) (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that the Nampala mine in Mali, has reached an average processing speed of 5,200 tonnes of ore. The constant improvements that have been made in 2017 to the technical, industrial and organizational processes have paid off. The results of the last …
Robex Resources (“Robex” and / or “the Company”) (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce that the Nampala mine in Mali, has reached an average processing speed of 5,200 tonnes of ore. The constant improvements that have been made in 2017 to the technical, industrial and organizational processes have paid off.
The results of the last 90 days confirm that this production has stabilized and that this is expected to continue over time.
Increase in gold sales
The Company sold a total of 34,801 ounces (1,082 kg) during 2017, an average of 2,900 ounces (90 kg) per month. The recent increase in Nampala’s production therefore has a direct influence on gold sales as the Company has significantly increased their gold sales during the months of January and February 2018.