SEATTLE (Scrap Monster): Eldorado Gold Corporation announced successful completion of key growth projects at Lamaque and Kisladag mines, which were approved by the company last year.
According to company press release, it has completed the Triangle-Sigma decline at Lamaque and the construction and wet commissioning of the high-pressure grinding rolls circuit at Kisladag. The decline at Lamaque was delivered on budget and on schedule. Meantime the grinding rolls circuit project at Kisladag was delayed by two months, on account of delayed equipment delivery due to Covid-19 pandemic. However, the project was delivered within budget, it said.
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The Triangle-Sigma decline connects the ore transportation ramp between the Triangle mine and the Sigma processing plant. The project, comprising nearly 3,200 metres of development, was completed in 18 months and at a cost of around $24 million. Meantime, the Kisladag circuit project was completed at a cost of $35 million over a two-year period.
George Burns, President and CEO, Eldorado Gold said that the successful completion of the two key organic growth projects marks an important milestone. Furthermore, he congratulated the project teams at both Lamaque and Kisladag for the safe and successful completion of the projects, within budget and largely in line with the schedule.
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