New underground mine to boost Silver Lake’s production

Western Australian gold mining company Silver Lakes announced on Wednesday that development of the new Maxwells mine would start in August – 18 months after its exploration team identified high-grade lodes. The new underground mine was expected to contribute 15 000 oz to Silver Lake’s production in the 2017 financial year, increasing to between 30 000 oz and 40 000 oz in the 2018 financial year.