PROCESSING

Otso Gold gets green light to restart mining

Company to accelerate production following regulatory approval

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Otso Gold will restart gold pouring at the Otso Gold Mine after receiving regulatory approval from authorities in Finland.

The relaunch was approved by the Centre for Economic Development, Transport and Environment (ELY) and the Finnish Safety and Chemicals Agency (TUKES).

The company said the approval would clear its way to continue its "ramp-up to production" at the site.

Additionally, it claimed to have serviced, upgraded, repaired and inspected all equipment on-site to comply with Finland's environmental, safety, and health regulatory requirements.

Brian Wesson, president, chief executive officer and director, Otso Gold, said the approval to mine and process was "another major milestone" for the company, which now has permission to accelerate production.

The focus, Wesson said, will be solely on "continuing and accelerating the ramp-up to commercial production".

The Otso Gold Mine has two open pits and will have a capacity of two million tonnes per annum when it is fully operational.

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