It’s being called an important milestone in the province’s mining industry.
The Valentine Gold Mine, approximately 80 km from Millertown, has begun commercial production.
(Close up shot of visible gold found at the Valentine Lake site in Central Newfoundland. Photo courtesy Marathon Gold.)
The project is expected to employ some 500 people during its production phase.
Energy Minister Lloyd Parrott recognized the occasion in the House of Assembly this week.
“In its recently-announced phase 2 expansion, Equinox Gold will double its throughput capacity and raise its average annual gold production to approximately 223,000 ounces. Over the next two years, Equinox plans to invest $436 million to expand its mill, fleet and infrastructure at Valentine, and the company is not yet done exploring its 320-km² property.”
