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Friday, 27th July 2007 (2964 views)

The Simberi gold mine in Papua New Guniea is on schedule for production to start in October, it has been announced.

According to its owner-operator Allied Gold, exploration drilling in the region is due to commence in September.

Furthermore, the National reports that Allied Gold has committed AUS $66 million (£27 million) to the development of the gold project.

"In its quarterly report, Allied Gold said the accommodation village and wharf had been completed and are fully operational with the ball mill and scrubber installed in early this month," the National noted.

It said some delays had occurred with construction activities due to problems in obtaining work permits and visas for the workforce of the structural and mechanical installation contractor.

Allied Gold is focussed on the development of the Simberi gold project which is located in the Tabar Islands of Papua New Guinea. It is also engaged in exploration of gold on the adjacent Tatau and Big Tabar Islands.

 

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