Commissioning under way at AngloGold’s Tropicana
JOHANNESBURG (miningweekly.com) – South Africa-headquartered AngloGold Ashanti has started the commissioning phase at its Tropicana joint venture (JV) project and now expects its first gold production in the September quarter.
The company owns the Western Australian mine in a 70:30 JV with the Independence Group, which on Wednesday reported that the mine was ahead of schedule.
AngloGold, which is the majority owner and manager of Tropicana, said that Tropicana was initially scheduled to produce its first gold in the December quarter, but that commissioning was already under way and ramp up would now occur in the final quarter of the year.
“Tropicana is a significant new, low-cost mine in an emerging gold province and will improve the quality of AngloGold Ashanti’s portfolio,” AngloGold Ashanti executive VP for Australia, group planning and technical Graham Ehm said.
The mine would, on average, produce between 470 000 oz/y and 490 000 oz/y in the first three years, at cash costs of between A$590/oz and A$630/oz.
AngloGold said that the tailings storage facility was complete and that it had mobilised the operating team on site. Initial grade control results were in line with the resource model.
“We continue to make good progress with our partners on a project we’ve taken up the value curve, from discovery to commissioning,” Ehm said.
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