courtesy of Mike on stockigloo.com.

Just talked to Peter:

The permitting issues are completed .. they are just waiting for approval which is expected any day .. In the meantime however they can take 20,000 tonnes out and 30,000 of development .. so the approval .. which may be here already (he is in Germany) is not a problem.

The other day production to the mill was 1350 .. the day before that 1100 .. 1150 the day before that.

They have been mining the BD for 3 weeks now .. some good days ..some not so good

They were running with 1 of the low profile Jumbos .. but in the last two weeks another has arrived and one they were having problems with is back in action .. so now they have 3 fully operational Jumbo's working

They have started to enter the North slope .. maybe 60 tonnes per day .. very beginning phases .. should be early first quarter to get this up (normally a 2 month process or more)

It will take some time yet to get to steady state .. but they are getting there.

November 5, 2010 8:19 AM