Ago 2015 | San Ramon Project start construction

Red Eagle Mining, has begun the construction of the San Ramon gold project in the department of Antioquia, Colombia. Construction will take place over 12 months and will accommodate the start of mining operations scheduled for H2 2016.

Local contractors have started initial surface earthworks and are responsible for the construction of a flotation/carbon-in-leach processing plant and upgrading of the 8km access road. Underground development and mining operations will be provided by STRACON GyM.

The San Ramon mine, with a CAPEX of US$74M, will have a capacity of 1,000 t/d and will produce 50,000oz/yr for the current eight year mine life.