In 2015 "Mangazeya" increases gold production by three times - up to 1,054.4 kg.
Edited by Rhod Mackenzie / 2016-02-12 12:28:54
According to the results of 2015 "Mangazeya Mining" (Mangazeya Mining Ltd, part of the "Mangazeya" group) has increased gold production by 204.5% compared with the previous year - up to 1,054.4 kg of gold, with production in Q4 2015 amounting to 401 kg - more than within the whole 2014, the company informs.
Last year 1.1 million tons of ore were produced, which is 117.6% more than last year. The average ore grade increased to 1.45 g per ton from 1.15 g per ton. The recovery rate also rose to 69% from 60% a year earlier.
