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PVG - Pretium Resources To Finally Return Back To The $12 Level?
Pretium Resources Inc. (Canada)
Pretium Resources (PVG) started the month of April in big style. On April 3, the company announced that the ramp-up of the Brucejack mine throughput to 3,800 tpd is well underway, the targeted throughput rate should be reached by the end of 2019. The underground development rate is approaching the 1,000 meters per month level, which is Pretium's targeted rate at which the 3,800 tpd operation should be sustainable easily. Moreover, the company re-affirmed its 2019 production guidance of 390,000-420,000 toz gold. However, there was also a piece of not so positive news