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Mothballed Davyhurst to resume gold production in 2021
Ora Banda Mining, formerly Eastern Goldfields, is targeting a restart to gold production at the Davyhurst project in Western Australia in January next year. Ora Banda aims to produce 418,000 ounces at Davyhurst over an initial five-year mine life. This is part of Ora Banda’s mine reinvigoration of the Davyhurst project since it was placed on care and maintenance in 2018, two months ahead of the collapse of Eastern Goldfields. The rebranded company has completed the project’s definitive feasibility study (DFS), confirming a rapid and low capital ($45 million) expenditure path towards operational restart. This owes ... (full story)