Red River Resources extends Glencore relationship by securing Hillgrove offtake deal
This arrangement will see Red River sell 100% of gold concentrate produced at Hillgrove to Glencore, which is also the company’s copper offtake partner at the Thalanga operations. Loading of the first truck with gold concentrate at the Hillgrove mine in northern NSW.
Red River Resources Limited (ASX:RVR) (FRA:R1R) has received a further boost at the restarted Hillgrove Gold Mine in northern NSW by signing an offtake agreement with leading global commodity producer and trader Glencore International AG.
This agreement covers gold concentrate produced from Hillgrove’s Bakers Creek stockpile and extends a positive relationship the company has established with Glencore PLC (LON:GLEN).