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Articles by Big River Gold
Big River forges ahead with Borborema gold project in Brazil
Big River Gold is forging ahead with its efforts to develop the Borborema gold project in Brazil, despite the current global economic headwinds. With a DFS for a multi-million ounce gold project on the street and over A$3m in the bank, Big River is well placed to weather the Coronavirus storm and the prospect of potentially producing a newly identified waste by-product known as a “mica” that is potentially saleable, should positively impact the economics at the project.
Big River looks to turn waste into cash at Borborema gold project
Big River Gold is looking to turn what is usually considered a waste mineral into a potentially lucrative by-product from its Borborema gold project in North-Eastern Brazil. With mica-rich gold ore set to be processed through a conventional mill, a few tweaks of the processing flowsheet could see Big River pocket a windfall from its mica offtake that would normally find its way into the waste tailings dam.
Analyst bullish on Big River’s Borborema Gold project
Pitt Street Research, a Sydney-based research house, has broken ASX-listed Big River Gold down into the sum of its parts and says it has a set a “base case” share price target of 9.4c a share for the Perth based company that is currently trading at 2.3c a share. Pitt Street’s “optimistic” case for Big River would see it achieve a price target as high as 15c a share.
Big River courts locals at Brazilian copper project
Big River Gold has hosted an opening ceremony at the site of its Borborema porphyry copper project near the city of Currais Novos in Brazil. The ceremony was attended by local business leaders, community members and politicians who learnt about the project and its impending benefits to the local area. Big River said it is looking to employ some 375 people locally when the project is in full swing. The ceremony was timed to coincide with the centenary of the nearby city of Currais Novos.
Big River courts locals at Brazilian gold project
Big River Gold has hosted an opening ceremony at the site of its Borborema gold project near the city of Currais Novos in Brazil. The ceremony was attended by local business leaders, community members and politicians who learnt about the project and its impending benefits to the local area. Big River said it is looking to employ some 375 people locally when the project is in full swing. The ceremony was timed to coincide with the centenary of the nearby city of Currais Novos.
Big River looking to lock in finance for Brazilian gold play
Big River Gold is looking to lock down a finance package for its 100%-owned Borborema gold Project in Brazil that boasts a 2.43 million-ounce resource and a “stage-1” reserve of 780,000 ounces at a grade of 1.22 grams per tonne gold. The project is showing an initial projected mine life of ten years and solid economics at a gold price of US$1,400/oz and an all-in sustaining cost per ounce to produce of just USD$839.
Big River set to make $79m a year from Brazilian gold mine
Big River Gold is on the verge of establishing a highly profitable, decade-long gold mining operation in north eastern Brazil that should pay for itself within just two and a half years according to the Perth based, ASX listed company. Big River has just completed a definitive feasibility study for its Borborema project and it is now convinced that it is sitting on a stand-alone gold mine that will churn out at least 729,000 gold ounces over an initial 10.2-year life.
Big River looks to cash in on “waste” mineral
Perth based ASX-listed Brazilian explorer, Big River Gold, said this week that a usually insignificant waste mineral known as a “mica” could potentially make the company some good money at its Borborema gold project in north-eastern Brazil. Perth-based engineering consulting group, Wave International, recently identified the potential to extract and process the micas at the project for sale as a sperate, commercially viable product.
Big River signs protocol with local Brazilian Govt
Brazilian focussed gold developer, Big River Gold, has achieved a major goal this week, revealing that it has signed a formal agreement with the local Brazilian State of Rio Grande do Norte, to underpin development of its flagship Borborema gold project in Brazil.
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