International news within the industry of mining and metal, Nov, 24 2017
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US gold producer raises production outlook amid higher output

Photo by Newmont
Photo by Newmont
Published by
Webmaster - 13 Sep 2017

Published by : Jaroslaw Adamowski

 

Higher output forecast Colorado-based gold producer Newmont has improved its production outlook for 2017 to between 5 and 5.4 million oz.

 

Operational execution has driven superior second quarter results, further investment in profitable growth, and improved guidance for 2017, said Gary J. Goldberg, the companys president and CEO. Operations across the portfolio outperformed, reducing all-in sustaining costs to $884 per ounce and producing 13% more gold on an attributable basis.

 

Newmont improved its production guidance for mines in North America and Africa, while its forecasts for the facilities in South America and Australia remained unchanged.

Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential.  Photo: Jaxons Inc.
Hazelton samples. Hazelton -formally Price Creek-, Jaxons flagship project, spans 44,482 ha and is prospective for Eskay Creek and Equity Silver style mineralization. Widespread soil anomalies and surface showings up to 3,397 g-t Ag, 12.7 g-t Au, and 22.29% Zn have been found on this advanced exploration project and a number of features suggest that the property has considerable potential. Photo: Jaxons Inc.

Jaxon starts to drill at Hazelton in Canada

"13 drill holes"

Jaxon Inc. is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilli...