Pretium Resources Inc.: Brucejack Mine Update [Canadian Business Journal (Canada)]
Pretium Resources, Inc. Ordinary Shares (Canada) (PVG)
Last pretium resources, inc. ordinary shares (canada) earnings: 4/30 07:35 pm
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Source: Canadian Business Journal
Pretium Resources Inc.: Brucejack Mine Update VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 21, 2017) – Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) (“Pretivm” or the “Company”) is pleased to report that the ramp-up continues to advance at the high-grade gold Brucejack Mine, and the mine is targeting steady state production for the end of 2017. With the grade ramping up and the mill now exclusively processing stope ore, production of doré and flotation concentrate has increased. As a result of the increased production and the concomitant proceeds from the sale of doré and flotation concentrate, the Company is expected to achieve positive working capital by the end of this quarter. All of the main operating units in the mill building are performing as expected, and the plant is consistently operating at nameplate capacity of 2,700 tonnes per day or better. Optimization of the gold recovery process is ongoing and the start-up issues encountered within the gold room have been a
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