Monday, June 26, 2017 9:48:53 AM
BY Market Wire
— 9:00 AM ET 06/26/2017
SAN FRANCISCO, CA -- (Marketwired) -- 06/26/17 -- Once again analysts are talking about this British Columbia mining company that just announced its first gold pour.
Company included in article: Pretium Resources Inc. ( PVG)
In a June 21 press release, Pretium Resources Inc. ( PVG), announced its 100% owned Brucejack Mine had its first gold pour and "that the flotation and gravity circuits are now operational. In addition, gold-silver flotation concentrate is being produced and bagged, with initial shipments scheduled."
In a June 21 report, BMO Capital's Andrew Kaip followed up on his May 1 report by explaining that "the focus for PVG now turns towards the ramp-up to commercial production. We currently model commercial production at the end of Q3/17, but note that following the announcement, PVG could declare commercial production earlier than expected."
Eric Zaunscherb, an analyst with Canaccord Genuity, stated in a June 21 report that the gold pour "is a major milestone for the company as it has been working diligently to bring the project into commercial production, a declaration expected in the back half of this year."
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