Red 5 to bring mothballed mine back into production – Australian Mining

North pit at King of the Hills. Image: Red 5
Red 5 is set to rouse a Western Australian gold mine following the completion of its King of the Hills final feasibility study (FFS).
It is now set up to be a four million tonnes a year bulk mining and processing operation in the Eastern Goldfields region.
Red 5 expects a production of 2.5 million ounces at an all-in sustaining cost of $1339 an ounce for an initial 16-year mine life at King of the Hills.
First production is scheduled for the June …

Click here to view the original article.