Jul 02, 2020

Mount Mackenzie muscles up amid high gold prices

Resources and Energy Group has completed pit optimisation and life of mine scheduling for a 500,000-tonnes-per-annum operation at Mount Mackenzie in Central Queensland. It is a step up from the production rate envisaged when the company released a scoping study late last year showing a strong case for the development of an open-cut gold mine at the site. That work identified a 300,000-tonnes-per-annum open-cut development with on-site gold plant as the best case to progress. But Resources and Energy Group in May announced a 44 per cent increase...

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