Trade Resources Industry Trends A Super Large Gold Mine Has Been in Detailed Survey Stage

A Super Large Gold Mine Has Been in Detailed Survey Stage

A super large gold mine discovered in Xinjiang recently has been in detailed survey stage and is predicted to come into production at 2015 end. The mine is expected to produce 3 tons of gold and 5,000 tons of copper annually, with potential economic value hitting CNY 20 billion.

The mine's mineral quality and mining conditions are better. Average grade of the 53 tons of gold ore submitted is 3.51 grams per ton. It is a gold-copper associated mine; copper grade is 0.2 percent and reserves are about 31,200 tons.

The mine's prospective gold resource is likely to exceed 100 tons.

Source: http://www.sinocast.com/readbeatarticle.do?id=94112
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Xinjiang Ultra-Large Gold Mine Likely to Produce in 2015
Topics: Metallurgy