The Brucejack mine and mill are increasing throughput to 3,800 t/d from 2,700 t/d over the course of the year.
Pretium Resources Mining News
No other province or territory has had two new precious metal mines reach commercial production less than 15 months apart.
Its Brucejack underground mine in British Columbia generated 376,000 ounces of gold last year, or 97% of the expected production.
In 2016, Brucejack was named the world’s highest grade “rookie” gold mine.
The permits were issued by the B.C. Ministry of Energy, Mines and Petroleum Resources and the B.C. Ministry of Environment and Climate Change Strategy.
Company said output at its Brucejack gold mine, in Canada's British Columbia, climbed 13 percent in the third quarter of the year to 92,641 ounces, compared to 82,203 ounces in the same period last year.
Arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.
The company is up 18.5% today to $12.04 a share.
111,340 oz of gold produced in the second quarter.
The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
The agreement is aimed at ensuring that the Indigenous group receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.
Consulting and partnering with First Nations isn’t just a way to get social licence – it can also provide real solutions to labour challenges.
Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.
The new underground mine powered up on March 31 and is now in the commissioning stage, a few months ahead of schedule.
Shares in Vancouver firm up 7% after inking debt-equity-streaming deal for 7 million ounce Brucejack underground gold mine near Alaska border.
A high-grade gold mine that Pretium Resources Inc. (TSX:PVG) plans to develop near Stewart, B.C. is generating a lot of buzz from mining analysts, at least one of whom thinks the company is a likely takeover target.
Shares in Vancouver's Pretium Resources jump on news construction of super high-grade Brucejack gold-silver mine near Alaska border can now start.
Robert Quartermain has been appointed Chairman and Chief Executive Officer.
Pretivm is among the most valuable non-producing gold companies in the world currently.
The bulk sample results come after an independent consultant walked away from the project in October, claiming there were 'no valid mineral resources.'
Shares of Pretium Resources were up 80% on Friday, trading at $5.52 apiece, after the Canadian gold miner reported bulk samples that surpassed targets.
Another hit after the company's qualified person resigned.
A bureaucrat in Washington can open his mouth and send the price of gold up or down 5% in an afternoon.
For most investors, the market for gold and silver stocks resembles a battlefield littered with the dead and dying, especially after the last day or two.
Pretium Resources on track with Brucejack project after positive feasibility study.