Galantas Gold wins SERNAGEOMIN approvals to restart Andacollo gold project in Chile
Reuters2026/08/05 22:45Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Galantas Gold secured SERNAGEOMIN sign-offs to restart the Andacollo Gold project in Chile under its previously authorized operating configuration.
- Authorization runs four years from the start of mineral extraction, or until remaining permitted tonnage or capacity is reached.
- Remaining permitted inventory includes 11,300,000 tonnes at the Tres Perlas open pit, 17,700,000 tonnes of waste capacity, 3,300,000 tonnes of Phase VI heap-leach capacity.
- Project permits cover crushing up to 15,000 tonnes per day; a like-for-like three-stage crusher replacement has been purchased.
- Mine closure plan remains in force, backed by USD 3.5 million of financial assurance; a separate leach waste dump reactivation approval is still pending.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galantas Gold Corporation published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608051740ACCESSWRNAPR_____1203162) on August 05, 2026, and is solely responsible for the information contained therein.
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