Tag #Bml Ventures

How does the Auric-BML joint venture model contribute to the financial success of both companies?

This milling campaign represents the culmination of a joint venture that successfully extracted and processed 420,000 tonnes of ore from the Jeffreys Find, a deposit previously deemed uneconomical. The high-grade ore processed in this final campaign is expected to yield the highest gold production for the year. The JV partners, Auric and BML, share profits from gold sales after recouping mining costs and working capital.