Mining method conventional open pit mining at New Liberty mine |
New Liberty mine is commercial gold mine in Liberia, located within the Bea-MDA property, in Grand Cape Mount County in the north-western portion of the Republic of Liberia, approximately 100km north-west of the capital, Monrovia.
New Liberty mine is 100% owned by Aureus Mining inc, through its subsidiary Bear Mountain Mining Corporation, environmental permit for the New Liberty mine was received in October 2012 and the definitive feasibility study was completed in 2013.
Construction work at New Liberty mine commenced in December 2012 and the first gold was poured in October 2013, while commercial production in New Liberty mine is expected to commence in 2014 and expected annual gold production to be 119,000 ounces (oz) for the first six years and 859,000oz over the mine life of eight and half years.
Mineralisation And Gold Deposit In New Liberty Mine Liberia