Golden Queen Mining Company Ltd. provides update o
Post# of 297
| Tuesday, November 25, 2014 4:00 PM |
[PR Newswire] - OTCQX:GQMNF) provides an update on its Soledad Mountain Project (the "Project"). All amounts are in U.S. dollars and are shown on a 100% basis. The Company's 50%-owned subsidiary, Golden Queen Mining Company, LLC ("GQ California") has recently negotiated a number of contracts with experienced contractors for four remaining turn-key projects. These include the crushing-screening plant, the stacking and conveying system, the Merrill-Crowe plant and the Phase 1/Stage 1 heap leach pad. The combined contracts represent approximately $43 million of new construction commitments by GQ California. Work on these projects is scheduled to commence in early January. GQ California expects to proceed with the commissioning of its process facilities in the fourth quarter of 2015. Detailed engineering has been completed and cost estimates are being obtained for the remaining water supply infrastructure for the Project.
http://us.rd.yahoo.com/finance/news/rss/story...00155.html
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