UNDERGROUND

Buriticá project continues pushing forward

Continental Gold reported Colombian mine could hit first gold in the first half of 2020

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

The company said overall construction is currently 44% done and detailed engineering has advanced more than 93%. Also 44% done is the mine's underground development; to date, it has completed 6,254m and that advancement is and remains ahead of its outlined schedule.

Buriticá's process plant earthworks are at the 76% mark, with the next area of focus being mechanical installations. That is set to commence early next year. Additionally, crews are rapidly making strides with the mine's power line installation. It should wrap that portion of the project early in the September quarter of 2019.

"We are seeing initiatives in a number of areas coming together as planned," COO Donald Gray said, stressing that project construction is accelerating.

"We are moving ahead quite briskly, with numerous construction activities taking place simultaneously. We are quite pleased at this point not only that the project remains on track and meeting corporate objectives, but also with the hard work and spirit of cooperation being put forth by the entire team to help this project advance so quickly."

Once construction is wrapped and the mine reaches first gold pour, Continental anticipates ramp-up to commercial production levels should take about six months.

The company owns 100% of Buriticá, which it considers one of the largest and highest-grade gold projects in the world. It is currently working to complete an updated mineral resource target for the operatio, as well as an expansion to its mine plan.

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

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

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