Engineering & Mining Journal

APR 2019

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Page 27 of 83

NEWS - CONTINUED 26 E&MJ • APRIL 2019 The feasibility study will provide the framework for the submission of a new environmental impact assessment to the authorities of Catamarca province. Alamos Gold Achieves 2M-Oz Milestone at Mulatos Mine Alamos Gold Inc.'s Mulatos mine in Sono- ra state, Mexico, produced its 2 millionth ounce of gold in March. This milestone also marks the end of the 5% NSR roy- alty that the operation has been paying since the start of production in 2005. At the current gold price, this represents a savings of approximately $65 per ounce, which has already been incorporated into previously disclosed guidance, according to the company. The voluntary relocation of residents of the town of Mulatos to Matarachi, which began in 2016, has been completed.. Al- amos worked closely with the community during this relocation, investing in several projects that will provide long-term bene- fits, including the construction of 21 new homes, as well as a new education center, church, and medical clinic. "The Mulatos operation has been an incredible success story," President and CEO John A. McCluskey said. "It start- ed producing gold in 2005 with approx- imately a seven-year mine life and 14 years later, the mine still has six years of reserves ahead of it." El Compás Starts Commercial Production The El Compás mine, located in Zacate- cas, Mexico, has begun commercial pro- duction, according to Endeavor Silver Corp. The processing plant at El Compás has a design capacity of 250 tons per day (t/d) with recoveries estimated at 83% gold and 50% silver. The current plant feed comes from a warehouse, and reach- es an average production capacity of 232 tons per day (93% of the design capacity) and recoveries of 73.5% gold (88% of the design rate) and 45.5% silver (63% of the design rate). El Compás is the fourth mine in Mex- ico for Endeavor Silver Corp and the first of three development projects that will in- crease production, reduce costs and pro- mote the company's organic growth, the company said. The company has three underground silver and gold operations in Mexico: the Guanacevi Mine in the state of Durango, and the Bolanito and El Cubo mines in Guanajuato. It is also working to expand the Terronera project in Jalisco and is ex- ploring the Parral project in Chihuahua to expand its resources. Chilean Supreme Court Overturns Pascua-Lama Ruling The Supreme Court of Chile annulled the October 2018 administrative decision of the Antofagasta Environmental Court to permanently close the Pascua-Lama proj- ect, which is owned by a Chilean subsid- iary of Barrick Gold. The court rejected four of the five closure orders issued by Chile's environmental regulator (the Su- perintendencia del Medio Ambiente or SMA) in January 2018. The Supreme Court overturned the An- tofagasta Environmental Court's decision on procedural grounds and remanded the case back to the Environmental Court for review by a different panel of judges. The Supreme Court did not review the mer- its of the SMA's January 2018 closure orders, which remain in effect and are subject to an appeal by Barrick. Barrick President and CEO Mark Bri- stow said that although the Supreme Court's decision was not helpful in that it delayed a decision on the future of the Pascua-Lama project, the company re- mains focused on resolving the legal and environmental issues around the project. In addition to the ongoing remediation work, the company has embarked on a technical review of the project parameters and potential. NEWS - CALENDAR OF EVENTS APRIL 28-MAY 1, 2019: Canadian Institute of Mining (CIM 2019), Montreal, Canada. Contact: Web: MAY 7-9, 2019: Arminera, Centro Costa Salguero, Buenos Aires, Argentina. Contact: Web: MAY 18-25, 2019: ALTA 2019, 24 th Annual Metallurgical Conference, Perth, Australia. Contact: Web: MAY 20-22, 2019: Longwall USA, David L. Lawrence Convention Center, Pittsburgh, Pennsylvania, USA. Contact: Email:; Web: MAY 27-30, 2019: Exponor Chile 2019, Antofagasta, Chile. Contact: Web: JUNE 3-7, 2019: 34 th Annual Elko Mining Expo, Elko Convention Center, Elko, Nevada. Contact: Web: JUNE 4-6, 2019: The 39 th APCOM Mining Goes Digital conference, Wroclaw, Poland. Contact: Web: AUGUST 27-29, 2019: AIMEX, Sydney Showgrounds, Sydney, Australia. Contact: Web: SEPTEMBER 6-7, 2019: Annual Meeting of the Mining Electrical Maintenance and Safety Association, Sheraton Sand Key, Clearwater Beach, Florida. Contact: Web: SEPTEMBER 9-12, 2019: Exposibram, the Brazilian Mining Expo & Congress, Expominas, Belo Horizonte, Brazil. Contact: Web: SEPTEMBER 16-20, 2019: Perumin, Centro de Convenciones Cerro Juli, Arequipa, Peru. Contact: Web: OCTOBER 9-10, 2019: China Mining 2019, Tianjin Meijiang Con- vention Center, Tianjin, Peoples Republic of China. Contact: Web: OCTOBER 30-NOVEMBER 2, 2019: China Coal & Mining Expo, New China International Exhibition Center, Beijing, China. Contact: Web: NOVEMBER 19-20, 2019: Smart Mining Conference, Tivoli Conference Center, Aachen, Germany. Contact: Web: DECEMBER 2-6, 2019: The 2019 American Exploration & Mining Association annual meeting, Nugget Casino Resort, Sparks, Nevada, USA. Contact: Web: (Regional News-Latin America - from p. 14)

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