Business
Focus plots rise of mothballed WA gold mines – Australian Mining
Focus Minerals has flagged the potential awakening of two open pit gold mines at the Coolgardie project in Western Australia.
Focus Minerals has flagged the potential awakening of two open pit gold mines at the Coolgardie project in Western Australia.
According to the Coolgardie pre-feasibility study (PFS), the mines could deliver an average of 63,000 ounces a year for a six-year mine life.
This stands on probable ore reserves of 6.64 million tonnes at 1.97 grams per tonne gold.
The 2020 Coolgardie PFS refresh indicates opportunity to develop a robust production schedule with further upside, Focus chief executive Zh…
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