MiLLenniuM MineraL s LiM ited
MiN i NG the previous year , so we ramped up very rapidly . January of last year , we went to commercial production and we had a good run ,” says Rear .
Mine design and scheduling is driven to maximise gold production for an annual throughput of around 70,000 ounces . Millennium aims to maximise gold recovery closer to 100,000 ounces per annum .
“ We invested about $ 30 million dollars of cash into the operation . We also raised approximately $ 7 million for that as well . We also put about $ 19 million back into the continuing development of the project . We paid about 25 percent of our debt as well . Our official profit was around $ 41 million ,” says Rear .
Treatment Plant The ore treatment plant is located supplier profile Redline dRill & Blasty Pty ltd
Employees : 22 Established : 2005 industry : Drilling & Blasting Contractor - Mining & Civil Services : Delivering Drilling & Blasting Services to Mining & Construction industry . We tailor services specific to the project requirements , including ; Project Management Drill & Blast , Drilling , Shot firing , Labour hire Field Service Technicians , Freight ( Hotshots )
A quality service focused on Safety Goals , Production Schedules , Completion Deadlines and Budget Constraints on every project we undertake .
Ongoing Projects : Millennium Minerals Limited - Nullagine Gold Project Midwest Vanadium Pty Ltd - Windimurra Vanadium Project Management : Kurt Kjellgren - Director Ron Sutton - Director Paul Pendlebury - Operations Manager
Website : www . redlinedb . com www . . millenniumminerals .. com . au 151 173