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Para Resources restarts gold production at El Limon project in Colombia

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Para Resources restarts gold production at El Limon project in Colombia

Para ResourcesInc. said May 3 that its ElLimon mine and mill in Colombia has restarted production after a C$2.5million refurbishment.

The full circuit, from crushing to gold production, will be operationalby May 6 at an initial rate of about 40 tonnes per day.

The second ball mill at the processing facility is expected tocome online in July, which will drive production to 200 tonnes per day and allowthe company to process material mined by the local artisanal miners.

Total gold production from El Limon is expected to be over 20,000equivalent ounces per year with a projected all-in sustaining cost of about US$600per ounce.

In mid-January, Para said it will acquire ColombiaMilling Ltd. to increase its interest in the El Limon mine to 61.2%.