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Tahoe pours one-millionth ounce of gold in Timmins

The gold miner marked the milestone at its Bell Creek Mill on Oct. 19.
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Lake Shore Gold (Bell Creek mill gold pour)
Tahoe Canada has poured its one-millionth ounce at its Bell Creek Mill in Timmins.

Tahoe Canada has poured its one-millionth ounce of gold at its Bell Creek Mill in Timmins.

The company marked the milestone on Oct. 19, roughly eight years after pouring its first gold bar in 2009.

“We're pleased to celebrate this significant achievement in just over eight years with our employees, contractors, community and our Aboriginal partners,” said Peter Van Alphen, vice-president of operations for Tahoe Canada, in a release.

“Our goal is to ensure that our next millionth ounce of gold is produced with continued operational excellence, strong environmental stewardship and a leading safety culture.”

Tahoe Canada is a subsidiary of Tahoe Resources, which acquired Lake Shore Gold and its two underground mines, Timmins West and Bell Creek, along with Bell Creek Mill, in 2016.

The mill processes ore from both Timmins West and Bell Creek mines.

During 2016, the mill averaged 3,400 tpd and processed 0.9 million tonnes of ore at an average gold grade of 4.12 grams per tonne and an average recovery of 96 per cent, for a total of 158,400 recovered gold ounces.

In 2017, production from Tahoe Canada is expected to total between 165,000 and 180,000 ounces. Target ranges for total cash costs and AISC per ounce produced in 2017 are $650 to $700 and $1,000 to $1,100, respectively.



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