Nicaraguan Gold Mine Production Increases
"La Libertad" gold mine, owned by B2Gold Corp, could increase its production and operating life.
Tuesday, December 14, 2010
The company announced the results of exploratory drilling, which indicates the possibility of increasing current production, which stands at 80.000-90.000 ounces of gold annually.
Its owner, Canadian company B2Gold, estimates 2010 production in 120.000-130.000 gold ounces for its two mines in the country.
The Canadian company B2Gold, which operates the Limon and La Libertad mining projects in Nicaragua, has announced higher revenues and production.
The company announced an investment of nearly $ 34 million to increase domestic production of gold.
The Orosi Mine, owned by Canadian corporation B2Gold Corp., commenced gold and silver production.
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