|Pretium Resources’ Brucejack mine, in B.C.’s Golden Triangle, achieved commercial production in July – eight years after the high grade Valley of the Kings deposit was discovered.|
The deposit was discovered in 2009 by Silver Standard Resources and a year later, Pretium Resources had its IPO and acquired the project. Over its first eight years, Brucejack is expected to produce 504,000 oz. of gold annually, with production averaging 404,000 oz. per year for the remaining 10 years.
|TMAC Resources declared commercial production at the Hope Bay mine, 125 km southwest of Cambridge Bay in Nunavut, on May 15. The underground mine is expected to produce 160,000 oz. of gold per year over a 20-year mine life at 2,000 t/d from three deposits.|
|Atlantic Gold’s Moose River Consolidated (MRC) mine, about 85 km northeast of Halifax. Over a minimum 8.5-year mine life, MRC will produce 87,000 oz gold per year from two open pit deposits. Construction at the mine, which began in the second quarter of 2016, was over 95% in August. Commercial production is expected in early 2018.|