CRG eyes further processing opportunities

As dual-listed Central Rand Gold (CRG) ramps up the processing of gold-bearing ore under a joint venture (JV) tolling agreement, the group is in talks for further opportunities for a target tailings deposit. The group on Monday said it was in discussions with the owner of an undisclosed target tailings deposit near CRG’s metallurgical plant and was contemplating a transaction structure to operate its current tolling JV and the target tailings deposit concurrently.