RE: Not bad then4 Mar 2026 17:08
Thanks for the intel. It’s clear the record gold prices have totally changed the maths on São Chico. Is the current "GUIA" (trial mining license) for São Chico still active? If they greenlight the reopening, do we have a sense of the lead time, are we talking weeks to de-water and ventilate, or months of redevelopment?
Also, regarding that 12,000–15,000 oz/year target: if they hit those numbers, does the existing mill have the capacity to handle that extra high-grade feed, or are they banking entirely on the new 4th ball mill to prevent a bottleneck? I'd be curious to see if this effectively turns Serabi into a 70k+ oz producer by 2027.