Larvotto Commences Gold and Antimony Concentrate Production at Hillgrove Mine
Larvotto Resources has started producing gold and antimony concentrate from its Hillgrove Mine in New South Wales, Australia. This follows a major redevelopment of the processing plant last month. The mine is expected to produce approximately 4,900 tonnes per annum (tpa) of antimony and 40,500 ounces of gold annually. Larvotto has secured long-term offtake agreements for both concentrates: Wogen Resources will take exclusive global rights to the antimony concentrate over seven years, while Glencore is set to receive the gold concentrate during the same period. The mine's operations are expected to continue under these terms for an initial eight-year term. The successful commissioning of flotation and filtering systems marks a significant step toward steady-state production at Hillgrove.
Topics: Antimony Commodity Production Gold Mining