https://www.miningweekly.com

Regis looks at water options for McPhillamys

4th July 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Regis Resources is working on options to secure process water supply for its McPhillamys gold project, in New South Wales.

The company told shareholders that two water supply options have been concurrently progressed, with the first entailing water supply from the Mt Piper power station and Springvale mine.

The ASX-listed miner said on Tuesday that it had signed a nonbinding heads of agreement with Centennial Coal and Energy Australia that would allow Regis to use water from those two operations.

Some 4 GL/y to 5 GL/y would be made available to Regis from the middle of 2019, for an initial ten-year period. However, this could be extended by a further ten years.

The water would be supplied to Regis at no cost; however, the miner would be responsible for the capital and operating costs associated with the pumping and piping infrastructure to deliver the water some 70 km to the McPhillamys site.

Regis said the water supplied under this option would be sufficient to support a seven-million-tonne-a-year processing facility at McPhillamys.

The second option being considered is a groundwater access licence, with Regis having contractually secured some 4.5 GL/y of water through long-term lease and acquisition of unused water access licences over groundwater allocations in a catchment some 80 km from the McPhillamys project.

As with the first option, the water supply was sufficient to support a seven-million-tonne-a-year operation, and Regis would be responsible for the capital and operating costs associated with the required pumping and piping infrastructure.

Meanwhile, a definitive feasibility study into the development of a seven-million-tonne-a-year mining and processing operation at McPhillamys will be completed in the December quarter.

An update on the mineral resource estimate will also be completed in the September quarter, incorporating 43 000 m of infill drilling completed over the last nine months.

Edited by Creamer Media Reporter

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 
Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 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:0.106 0.135s - 90pq - 2rq
Subscribe Now