RE: Why Are Centamin Insiders Buying Now? Check Out The Chart26 Mar 2021 19:53
loden, gnome and others have provided some great information and if you don't mind I will add my two penny's worth.
I read from Construction as when the mine is a go and the construction teams are in building the infrastructure, camps and facilities, workshops and plant foundations, access roads, stores, power plant, the all important water treatment plant, and the list goes on.
Orders will have been placed for the Processing Plant and the Mining equipment and if there is a mining contractor then they will be mobilising.
This is in my view a really exciting time with new people arriving, some old friends returning, local people looking for employment etc.
How long does it take from the start of construction to processing ore? This all depends on the complexities of the mine. I have seen ore being laid on the leach pads in a matter of months utilizing a contractor with equipment already available in country. Normally however this is at least 6/9 months to get the mining fleet to site and fully assembled and ready to go but as you can appreciate the Processing Plant can and normally does take somewhat longer nearer the 12 months to deliver and build.