Tucked away in rural Malaysia, Vancouver-based Monument Mining (mmy-v, d7q1-f) has quickly and quietly been bringing online a respectably sized gold mine. Monument acquired the Selinsing gold project in June 2007 and has since designed, funded and built a 1,200-tonne-per-day operation, ready to produce roughly 40,000 oz. gold per year through open-pit mining. The Selinsing deposit currently hosts 4.82 million indicated tonnes grading 1.49 grams gold per tonne using a cutoff of 0.59 gram gold for 231,000 contained ounces. Selinsing hosts a further 10.3 million inferred tonnes averaging 1.17 grams gold for 388,000 oz.
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