Radio Hill refurbishment starts
PERTH (miningweekly.com) – Junior Artemis Resources has started the refurbishment of its newly acquired Radio Hill processing plant, in Western Australia.
In addition to upgrading the crushing, grinding and flotation circuits, Artemis will also install a new high recovery gold circuit capable of processing 500 000 t/y.
Artemis earlier this year completed the acquisition of the Radio Hill project from Fox Resources for A$2-million in cash and the issue of 20-million Artemis shares. The project included the 500 000 t/y nickel and copper processing plant, a tailings storage facility, administration and maintenance buildings and a fully developed underground mine, which was placed on care and maintenance in 2008.
The refurbishment work is expected to take nine months to complete, and will be funded by a special purpose loan facility designed to minimise the impact on Artemis’ current cash reserves.
“It is important that Artemis starts the work now to refurbish, upgrade and recommission our Radio Hill plant so that we can prepare for production of gold, cobalt, copper, nickel, zinc and platinum-group elements from our growing resource base in the Karratha area,” said Artemis executive chairperson David Lenigas.
“The addition of a state of the art and modern gold processing circuit will also enable us to consider large scale bulk sampling of the conglomerate gold projects. Even though we are producing positive cash flow from copper sales from our Whundo copper mine, near Radio Hill, the board is committed to moving Artemis towards becoming a significant multi-metals production company as soon as possible.”
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points
VISIT SHOWROOM
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
