PRECIOUS METALS

RNC has golden month in Western Australia

RNC Minerals has made a strong start to the September quarter in Western Australia

This article is 5 years old. Images might not display.

Gold production for the month of July was 7,873 ounces, compared with 9,085oz for the entire June quarter.

The company recently acquired the Higginsville gold operation (HGO) as a processing source for its high-grade Beta Hunt mine at Kambalda.

RNC chairman and CEO Paul Andre Huit said July's production was an excellent result for its first full calendar month of consolidated operations following the acquisition.

"Material processed during July was comprised of Beta Hunt mined and stockpile, with excellent recoveries in the 92-94% range," he said.

"With the addition of HGO openpits, having a combination of feed sources provides the opportunity to blend feeds and optimise throughput and recoveries without having to clean out the entire mill.

"With Baloo openpit production commencing in early August, I look forward to the continued strong performance of the HGO mill. We anticipate providing production guidance in the coming weeks."

Toronto-listed shares in RNC rose 4.5% overnight to C46c, valuing the company at C$255.8 million.

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.