The ramp-up is driven by an ongoing expansion of the Russel pit and a rapid increase in equipment availability from the company’s primary mining contractor. The pit continues to outperform expectations, Asante says, with gold production up by more than 700% during the last quarter of 2024.
Meanwhile, at the Main pit, mining is ahead of schedule by approximately 200% since starting the build-up program last November. The mining contractor is increasing its fleet to meet an agreed schedule of the production build-up.
As a result, the Canadian miner expects to increase its gold production from the two pits to 9,000 oz. starting in February, then 12,000 oz. in June due to the acceleration of stripping activities. By then, the mine contractor fleet is expected to double, leading to a 300% increase monthly material movement compared to recent levels.
Asante also anticipates commissioning of its sulphide treatment…
