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[BUSINESS] · Australia · 5 sources

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Larvotto Resources begins antimony and gold production at Hillgrove mine

Larvotto Resources Hillgrove mine antimony production gold concentrate offtake agreements

Larvotto Resources has commenced antimony and gold concentrate production at its refurbished Hillgrove mining operation in New South Wales. The company successfully commissioned the processing plant’s flotation circuit and concentrate filter presses, marking a major milestone following the restart of operations in August.

Over an initial eight-year mine life, Hillgrove is projected to produce approximately 4,900 tonnes of antimony and 40,500 ounces of gold annually. The antimony concentrate is produced at a 60 per cent specification.

Larvotto has secured binding offtake agreements for its output. Wogen Resources holds exclusive global sales rights for all antimony produced during the first seven years of mining. Additionally, Glencore International AG will purchase all gold concentrate produced during the same seven-year period, with an expected annual offtake of roughly 15,000 dry metric tonnes.

Entities

Glencore International AG · Hillgrove · Larvotto Resources · Ron Heeks · Wogen Resources

Claims

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Sources

Larvotto rolls out first concentrate from NSW antimony-gold mine [www.smh.com.au]
Larvotto hits new Hillgrove production milestone [www.australianmining.com.au]
Larvotto rolls out first concentrate from NSW antimony-gold mine [www.brisbanetimes.com.au]
Larvotto begins gold, antimony production at Hillgrove [www.mining.com]
Larvotto rolls out first concentrate from NSW antimony-gold mine [www.theage.com.au]