https://www.miningweekly.com

Kasbah eyes Africa’s largest tin project

Kasbah eyes Africa’s largest tin project

Photo by Bloomberg

31st March 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – A definitive feasibility study (DFS) for tin developer Kasbah Resources’ Achmmach project, in Morocco, has estimated that a capital investment of $181-million would be required to build the world’s eighth-largest tin mine and Africa’s biggest.

Based on the maiden ore reserve of 8.45-million tonnes, grading 0.78% tin, the Achmmach mine was expected to deliver about one-million tonnes a year of ore, to produce about 5 300 t/y of tin concentrate, over a life-of-mine of nine years.

First tin from Achmmach was expected in 2015.

The project was expected to have a net present value of some $126-million and an internal rate of return of 23.3%.

“Completion of the DFS is a significant milestone for Kasbah and sets the foundation to start project financing and offtake discussions,” said Kasbah chairperson Rob Marston.

“The company is now one step closer to achieving our objective of becoming a significant tin producer.”

Earlier this month, Kasbah received environmental approval for the Achmmach project, clearing the way for the finalisation of water and land access for the project’s operational requirements and to obtain the mining concession.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024
Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.311 0.365s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: