03:01:56 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Pretium Resources Inc
Symbol PVG
Shares Issued 183,463,472
Close 2018-12-14 C$ 9.95
Market Cap C$ 1,825,461,546
Recent Sedar Documents

Pretium to increase Brucejack production to 3,800 tpd

2018-12-14 18:18 ET - News Release

Mr. Joseph Ovsenek reports

PRETIUM RESOURCES INC.: BRUCEJACK APPROVED FOR PRODUCTION INCREASE TO 3,800 TONNES PER DAY

Pretium Resources Inc. has received the amended permits to increase the Brucejack mine production rate to 3,800 tonnes per day from the B.C. Ministry of Energy, Mines and Petroleum Resources and the B.C. Ministry of Environment and Climate Change Strategy.

The amended permits allow for a production increase to an annual rate of 1,387,000 tonnes from 990,000 tonnes (daily average of 3,800 tonnes from 2,700 tonnes).

Minor mill upgrades (estimated to cost less than $25-million) to support the production rate increase are required and will be completed during regularly scheduled mill shutdowns. A specific timeline for ramp-up to the 3,800-tonne-per-day production rate, along with an updated mine plan, is expected in the first quarter of next year.

Lyle Morgenthaler, BASc, PEng, chief mine engineer, Pretium Resources, is the qualified person responsible for Brucejack mine development.

About Pretium Resources Inc.

Pretium is a low-cost intermediate gold producer with the high-grade underground Brucejack mine in Northern British Columbia.

We seek Safe Harbor.

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