Allied marks first gold pour at Solomon Islands mine

Allied marks first gold pour at Solomon Islands mine 
PERTH ( − Gold-miner Allied Gold on Wednesday poured the first gold at its 120 000 oz/y Gold Ridge gold mine, on the Solomon Islands.

The first gold pour was achieved within a year of Allied taking control of the project, and investing A$150-million to refurbish and redevelop the mine.

The mine was expected to operate for at least ten years.

“This is a significant achievement for Allied Gold, for the dedicated construction and operating teams who have delivered the project on budget and ahead of time,” said chairperson Mark Caruso.

Between the start of commercial production in August 1998 and the closure of the mine in mid-2000 during eight weeks of civil unrest, Gold Ridge produced 210 000 oz of gold.

Allied acquired the Gold Ridge project in 2009 through the takeover of Canada’s Australian Solomons Gold. The ramp-up commissioning activities at the project were expected to continue for a number of weeks, and an official re-opening ceremony would be held within the next two weeks.

Apart from the Gold Ridge project, Allied Gold was also ramping up production at the Simberi gold project, in Papua New Guinea, where it was hoping to produce around 100 000 oz/y by late 2011.