The mining newspaper for Alaska and Canada's North

Optimizing Livengood

New study improves economics of Alaska gold project; big hurdles remain

International Tower Hill Mines Ltd. has taken another step along the road to engineering the ideal mine for its Livengood gold project located some 70 road miles northeast of Fairbanks, Alaska.

In 2013, the company published a feasibility study outlining a 100,000-metric-tons-per-day operation that would average 577,600 ounces of gold annually, or 8.1 million oz. over an estimated 14-year mine lif...

 

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