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Maximus placing Burbanks gold treatment plant on stand-down

Maximus Resources Ltd. placed its Burbanks gold treatment plant on stand-down, effective Dec. 4, due to a lack of ore supply.

Empire Resources Ltd. gave the company a 30-day notice on Dec. 5 to terminate the toll treatment agreement.

Maximus said Dec. 8 that it is in negotiations with several groups for the supply of gold ore to Burbanks in 2018, and is also looking to replace the December scheduled ore in case Empire chooses to stop ore supply.

Empire recently said it would treat up to 36,000 tonnes of gold ore from its Penny's Find mine in Western Australia at the Lakewood mill instead of Burbanks as it is focusing on mills closer to the mine.