Posted on 3rd July 2020 at 11:44
Sculpted from experience, built for success.
NQ Minerals PLC has announced the acquisition of the high-grade and historic Beaconsfield Gold Mine in Tasmania, Australia.
The mine has historic recorded production of about 1.8mln ounces of gold averaging around 15 grams per tonne and was closed in 2012 due to the low gold price at that time.
NQ is looking to recommission the gold processing plant, which is currently under care and maintenance, and re-open the mine by developing a new modern mine decline access into the Beaconsfield Mine.