PRECIOUS METALS

Fiore marks best month to date

The Pan mine in Nevada produced 2,760oz in November

Staff reporter

This article is 7 years old. Images might not display.

The total was up from 1,809oz achieved in October from the operation on the Battle Mountain-Eureka trend in White Pine County.

Vancouver-based Fiore confirmed that its Phase II leach pad is also now in operation, following first ore on the pad late last month. Officials noted that operating space on the Phase I pad has become constrained as it enters into final design height, reducing leach cycle times.

Stemming from that, Fiore’s gold production from Pan is projected to come in under its forecast, though it expects production will now improve with ore being placed on the new pad.

Pan’s gold production target for fiscal 2018 (October 2017-September 2018) is 35,000-40,000oz, with production weighted towards the second half when it will be mining higher grade ore.

“We’re looking forward to continued strong performance over the remainder of the fiscal year,” CEO Tim Warman said.

“With the new Phase II leach pad now operational, we can begin loading the test cells that will confirm the viability of adding a crushing and agglomeration circuit to the mine later in 2018. The successful completion and permitting of the new leach pad is a testament to the highly skilled operating and development team we’ve built.”

Fiore’s ultimate plan is to grow Pan’s gold production to between 40,000-50,000oz per year by fiscal 2019.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Automation and Digitalisation Insights 2024

Exclusive research for Mining IQ Automation and Digitalisation Insights 2024 shows mining companies are embracing cutting-edge tech