Goldcorp Completes Peñasquito's Line 2
Construction of a 30,000-mt/d high pressure grinding roll circuit (HPGR) at Peñasquito remains on track for comple- tion in the fourth quarter of 2010. Full pro- duction ramp-up to Peñasquito's designed capacity of 130,000 mt/d is targeted for early 2011.
After reaching design capacity, Peñas- quito is expected to produce annual aver- ages of 500,000 oz of gold, 28 million oz of silver, 450 million lb of zinc, and 200 million lb of lead over a mine life of 22 years. For 2010, Peñasquito is forecast to produce 180,000 oz of gold.