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Message: Blog Entry - New Dawn’s Turk Mine in Zimbabwe Resumes Full-Scale Mine Operations

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Blog Entry - New Dawn’s Turk Mine in Zimbabwe Resumes Full-Scale Mine Operations

posted on May 04, 09 02:30AM

New Dawn's Turk Mine in Zimbabwe Resumes Full-Scale Mine Operating Program

Highlights from the press release include:

Key Points:

New Dawn’s 100% wholly-owned Turk Mine in Zimbabwe has resumed full-scale mining operations

The current initial production rate of 250 tonne targeted to rise to 400 tonnes per day to achieve a production target of 1,150 to 1,200 ounces of gold per month at a average cash cost of US$425 to US$450 per ounce

Total existing capacity at Turk Mine is currently rated at 400 tonnes per day, but current expansion projects, which are nearing completion, will increase existing capacity to 650 tonnes per day. New Dawn plans for further production increases every 6 to 9 months thereafter to maximize existing capacity

During the restarted mine development program, which was reported on 26^th February 2009, until the commencement of full-scale mining operations in early May 2009, New Dawn’s gold sales totaled approximately US$1,300,000

New Dawn Mining IR Hub

New Dawn Mining Profile

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