Larvotto and Glencore Enter Gold Concentrate Offtake Agreement

Glencore deal strengthens Hillgrove production pathway - Mining Magazine Australia

Image: Phawat/shutterstock.com With first production drawing closer, Larvotto Resources has secured a binding gold concentrate offtake agreement with Glencore, adding to a series of development milestones at the Hillgrove project in New South Wales. The agreement covers the sale of gold concentrate produced during the first seven years of mining at Hillgrove and, alongside Larvotto’s previously announced antimony concentrate offtake with Wogen R…

Larvotto and Glencore Enter Gold Concentrate Offtake Agreement

Larvotto Resources Ltd. announced a binding offtake agreement with Glencore for the sale of gold concentrate produced during the first seven years of mining at the Hillgrove project, with expected annual offtake of approximately 15,000 dmt of concentrate. Gold concentrate is expected to form a significant component of Hillgrove’s revenue profile alongside antimony concentrate production, with both products benefiting from strong underlying commo…