Elemental says Karlawinda gold mine launch to double its royalty revenue

According to the company’s statement, commissioning activities were completed to plan over the last three weeks, culminating in the ball mill and crushing circuit being ready for full operations in the last week.

“First ore processing on time and on budget at our largest royalty speaks to the quality of the management team at Capricorn.

Capricorn is developing the Karlwinda gold project in the Pilbara region of Western Australia as a stand-alone project expected to produce between 105,000 – 120,000 ounces per annum over a 12-year mine life.

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