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Underground mine to complement Haile openpit – OceanaGold

By:  
Creamer Media Senior Deputy Editor Online
 
GOLD
An underground development at gold miner OceanaGold’s Haile gold mine, in South Carolina, could boost the operation’s production by up to 100 000 oz between 2019 and 2025, a preliminary economic assessment (PEA) has shown. The underground mine will cost $53.1-million to build, it will require life-of-mine (LoM) capital expenditure of $44.5-million and will be repaid in a three-year period
 
 
 
 
 

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