Mongolian gold miner resumes full production

Photo: Steppe Gold

Mongolian miner Steppe Gold has unveiled that the company recently received a new shipment of key reagents, allowing the miner to resume full production.

 

“Throughout 2021, Steppe Gold faced significant reagent supply is-sues related to COVID lockdowns and border closures, notably with China. Having explored numerous supply alternatives, the Company has now secured new supplies and has recommenced heap leach ore processing,” the Mongolian business said in a statement.

 

The company said it continues crushing and stacking operations, and it will soon re-launch mining with operations in all active pits.

 

Steppe Gold “plans to produce over 100,000 ounces of gold from the oxide zones in 2022 and 2023,” according to the statement.

 

“We are very pleased to be back in production and to be able to use our significant inventory with over 81,842 ounces of estimated recov-erable gold available to be leached, and a strong inventory of high-grade oxide ores in the active pits,” said Bataa Tumur-Ochir, the miner’s president and CEO.