UNDERGROUND

Kochang gold mine gets to pass go

Could become South Korea's first major operation in years

The Kochang project is south of Seoul, South Korea

The Kochang project is south of Seoul, South Korea

With the permit now in hand, Bluebird will take charge and present approval documents to its local country government before any site works begin at the property south of Seoul.

"From a practical point of view, the approval is now in hand and allows for the next stage of development works to begin, subject to presentation of these activities to local community members," Southern officials noted.

Also, because the development at Kochang is essentially re-opening of an historical mine with substantial underground workings already in place, the site's next stage of work will involve very modest capital costs.

The project remains subject to several conditions largely in relation to physical development requirements regarding safety and environmental management.

Upon reopening, first production is expected in 2020.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production