Business Chief US+CAN Magazine March 2016 | Page 41

MINING
Haile Gold Mine construction site
end of 2016 with a commercial production start date for early 2017 . Over the life of the mine as currently designed , the company will produce 150,000 ounces of gold per annum , with a mine life of 15 years .
Communal benefits The Haile Gold Mine will have a significant economic impact on Lancaster County to the tune of
$ 70 million annually in direct and indirect revenue . In addition , the construction of the mine will employ roughly 500 local employees , and upwards of 500 additional jobs during operations .
“ Mining is a great injection of value into any economy and business , and has proven to have a real multiplier effect on economies ,” said Wilkes . “ If mining is done
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