Mill Expansion Okayed for Iamgold's Rosebel Gold Mine
Engineering and Mining Journal, Mar 2008
Fred Earnest, Vista's president and COO, commented, "This purchase is an important milestone in the company's goal to become a gold producer at the earliest possible time. The decision to purchase this major portion of the project's processing equipment re-affirms our earlier decision to place Paredones Amarillos into production and to do it as soon as possible.
In addition to anticipated significant capital cost savings, we believe that the purchase and planned comprehensive reconditioning of this used equipment will save 12 to 18 months over the time required for the delivery of similar new equipment, thus helping us meet our development schedule."
Copyright Mining Media, Inc. Mar 2008
Provided by ProQuest Information and Learning Company. All rights Reserved
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