Focus Minerals Ltd
(ASX:FML) is set to become a 100,000 ounce-a-year gold producer within 12 months after commissioning the Three Mile Hill mill at its rapidly growing Tindals Mining Centre in WA’s Eastern Goldfields.
Focus completed its first significant gold pour from the Three Mile Hill on Wednesday 13th January, refurbished at a cost of $16.96 million.
The plant has an annual capacity of 1.2 million tonnes, enabling Focus to increase production to an expected 80,000 ounces this year and more than 100,000 ounces next year.
Focus Minerals reported a profit for fiscal 2009.