Monument Mining is pleased to announce an update at Selinsing Gold Mine where the Company recently achieved commercial production of its newly constructed flotation processing plant. President and CEO Cathy Zhai commented, "We are very pleased with the continued progress and optimization of the Selinsing Sulphide gold flotation plant. The production is expected to be stabilized in the 2024 calendar year and cash flow [...]
Monument Mining announced its first quarter of fiscal 2024 production and financial results for the three months ended Sept 30, 2023. President and CEO Cathy Zhai commented, "Q1 FY2024 was a significant quarter for Selinsing Gold Mine as we achieved commercial production of gold concentrate from the sulphide plant, which reached 90% of its design capacity. We also improved our operational efficiency by completing the [...]
Monument Mining is pleased to announce the results from its Annual General Meeting of shareholders held on Nov 22, 2023 in Vancouver. Resolutions tabled at the Annual General Meeting as proposed in the Information Circular dated on Oct 11, 2023 were all passed with more than 79% "For" for each and overwhelming participation, including: appointing Grant Thornton LLP as auditors; and fixing the number of board members for [...]
Monument Mining announced its annual financial results for the year ended June 30, 2023. Cathy Zhai, the President and CEO commented, "Fiscal 2023 was a milestone year for the Company with the gold sulphide project completed, and the flotation plant was put into production at the Selinsing Gold Mine in Malaysia. The commercial production has also been reached in August 2023 subsequent to the year end. It again [...]
Monument Mining is pleased to announce that commercial production has been achieved at the Selinsing Gold Mine in Malaysia that has operated 30 days consecutive production of gold concentrate at 90% of designed capacity. Cathy Zhai, President and CEO of Monument Mining commented: "We are very pleased to announce this landmark event at the Selinsing gold mine. After 12 years gold bullion production that generated positive [...]
Monument Mining is pleased to announce that it has been notified by Odyssey Gold Limited that a major milestone has been achieved according to Odyssey's recent resource statement at Tuckanarra Gold Project where Monument holds 20% free carrying interest. Maiden Tuckanarra Project Mineral Resource estimate totals 5.32Mt @ 2.2g/t Au for 376koz. The estimate is prepared by Independent Competent Persons, Snowden Optiro, BMGS [...]
Monument Mining is pleased to announce the first gold concentrate shipments and sales from the newly constructed flotation plant at the Selinsing Gold Mine. President and CEO Cathy Zhai commented, "This is a momentous occasion for us as we begin to ship and sell gold concentrates from the flotation plant. The initial offtake of 2,000 dry metric tonnes of concentrate from Selinsing marks the beginning of a gold concentrate [...]
[wp=992]Monument Mining announced its production and financial results for the third quarter of fiscal 2023 and the nine months ended March 31, 2023. President and CEO Cathy Zhai commented, "I am pleased to report that during the third quarter our Selinsing Gold Mine in Malaysia commenced sulphide production. With off-take agreements now secured, and the first batch of gold concentrate ready for sale after the end of the quarter [...]
Monument Mining is pleased to update the progress at the Selinsing Sulphide Project. The ramp-up of the flotation plant has made great headway, with the mill feed rate of 113 dry tonnes per hour achieved, being 95% of the design capacity of 119 dry tonnes per hour. The plant construction and mine development consumed a total of $18 million, in line with the budget. President and CEO Cathy Zhai commented, "We are very [...]
Monument Mining is pleased to update the progress at the Selinsing Sulphide Project with the commencement of mining high grade sulphide ores from Buffalo Reef at the Selinsing Gold Mine in Malaysia. New mining equipment has been mobilized to increase mining production rates to meet commercial production rates through the soon to be commissioned sulphide treatment plant which is nearing nameplate capacity in readiness for [...]
Monument Mining announced its production and financial results for the second quarter of fiscal 2023 and the six months ended December 31, 2022. All amounts are expressed in United States dollars unless otherwise indicated . President and CEO Cathy Zhai commented, "I am pleased to report during the second quarter our Selinsing Gold Mine has filtered first gold concentrates with completion of dry/wet flotation plant [...]
Monument Mining is pleased to update the progress at the Selinsing Sulphide Project. With the completion of the flotation plant construction at the Selinsing Gold Mine in Malaysia, the sulphide treatment plant has been placed into commissioning after the oxide plant production ceased in mid-November 2022. The first gold concentrate was filtered on December 27, 2022 and the ramp up period commenced in January 2023 [...]