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NEM - Continental Gold: Approaching The Finish Line
Newmont Mining Corporation
It seems like Continental Gold (CGOOF) has overcome some serious obstacles and it is slowly approaching the finish line. In this case, the finish line is the start of gold production at its Buritica mine that is projected for H1 2020. According to the company, as of March 26, the project was 56% complete, with underground development approximately 11% ahead of schedule. This news came less than two weeks after Continental Gold announced that it was able to secure a $175 million financing package to fill the project financing gap that has arisen.