Merlin readies for mining

By Esmarie Swanepoel      / July 11, 2018 / www.miningweekly.com / Article Link

PERTH (miningweekly.com) – ASX-listed junior Merlin Diamonds is poised to start mining at its namesake project, in the Northern Territory.

The company on Wednesday said that the Northern Territory’s Department of Primary Industry and Resources had reviewed the amended mine management plan, and was satisfied that it met the requirements of the Mining Management Act.

Advertisement

This meant that Merlin could start mining at the Excalibur, Gwain, Ywain, Ector and Kaye pits. A mining contract for the Merlin mine has been awarded and mobilization is under way.

Merlin holds a total Joint Ore Reserves Committee-compliant resource of 19-million tonnes, containing some 4.3-million carats.

Advertisement

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok