PRECIOUS METALS

Hermes hits commercial production

Superior Gold has achieved commercial production at Hermes in Western Australia

Staff reporter

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

The company said it used a dual test to determine its conditions for the commercial rate milestone: reaching 85% of its planned daily haulage rate to the Plutonic mill, and the delivery of a cumulative total of 100,000t from the mine to the facility.

President and CEO Chris Bradbrook noted that Superior built Hermes from internally generated cash flow, and completed the work to bring it to fruition less than 18 months after taking ownership of the Plutonic gold operations in October 2016.

“It is anticipated that the contribution of mineralisation from Hermes will allow us to reach our 2018 production guidance of 100,000oz to 110,000oz of gold,” he said, adding it will include operating costs for the new operation beginning April 1.

“As production from Hermes was ramping up during the quarter, our [March] quarter of 2018 will have the lowest quarterly production level for the year.”

Open-pit Hermes, which will be mined conventionally, is located just southwest of sister gold mine Plutonic, also in WA, and is part of the Plutonic complex. Development of the project first commenced in July 2017 and pre-stripping operations at the Trapper put began last October.

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