5th Jun 2015 06:37
LONDON (Alliance News) - Hochschild Mining PLC Friday said the processing plant at the Inmaculada project in southern Peru is operating at about 80% of its capacity, with the company announcing first dore production at the gold and silver project.
In a statement, the company said the processing plant is operating in line with its commissioning schedule. It is expected to "ramp up to design capacity in the next few weeks".
"After initial tests with lower grade material, reserve grade mineral is now being fed through the circuit as part of its on-going commissioning," the company said in a statement.
First production of precipitates was achieved on the first day of June, with first production of dore two days later.
"The operation is on track to achieve the 2015 guidance of between six to seven million silver equivalent ounces (approximately 73,000 ounces of gold and 2.1 million ounces of silver)," the company said.
By Samuel Agini; [email protected]; @samuelagini
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