They obviously do not have 200 employees.
109 were let go when mining operations stopped in late 2021.
Zoominfo contains duplicates and some that you can see from linkedin no longer work there, and i would linkedininfo a lot more.
Linkedin says 100 as i recall and there were about 60 in the picture.
A smaller workforce right now also means a lower monthly operating expense until commercial mining operations begins.
They are not actively "mining" but after downsizing continue processing ore from the pads as long as economical to do so.
In 2015, they had ceased production but continued processing ore on pads for 3 years following into 2018.
During the 2019-2021, they only put the oxides on the pads, but set aside the transition and sulfide materials they encountered for future processing.
There should have been an updated study from Ausenco with the feasibility, but there are post covid caused delays in getting results from the testing labs.
They need the updated flowsheet to fine tune the recoveries and update the mine plan.
Specifically some variability testing on the transition materials.
It is why we see M&I resources not P2 reserves at the moment. Once the results are in and flowsheet updated, then we can see an updated pfs.
Should be close to having the variabity results, then can get an updated results from Ausenco. I think I saw they also bid out for another report.
In the meantime, they also still have already mined but not processed materials.
Looks to me they are hiring a senior exploration and another exploration geologist to report to their current chief geologist.
Sounds like something to do if you are about to look at the rest of the 98% of the land.
I looked and do not see other open positions for the company, but looks like they have had a lot of applicants and interest in these positions.
