https://www.miningweekly.com

PNX appoints study manager for Hayes Creek project DFS

1st December 2017

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX-listed PNX Metals has appointed engineering, consulting and contracting company GR Engineering Services as the study manager for the definitive feasibility study (DFS) of the Hayes Creek zinc/gold/silver project, in the Northern Territory.

GR Engineering will be tasked with the process design and engineering aspects of the project, including all the facilities, equipment and capital works required for the construction, commissioning and ramp-up of the process plant and associated infrastructure, PNX MD James Fox said in a statement on Friday.

The appointment, an important milestone and a key part of completing the DFS, will see GR Engineering evaluate strategic options to deliver a robust business case that balances the risk profile and development costs, as well as develop a project execution plan.

As part of the study, the technical aspects of the project, with a focus on optimising process design and achieving efficiencies in capital and operating costs, will be further analysed.

PNX’s prefeasibility study (PFS), released in July, revealed the potential of a low-cost, high-margin zinc and precious metals mine in the Northern Territory.

The PFS unpacked a project that would deliver yearly concentrates of 18 300 t of zinc, 14 700 oz of gold and 1.4-million ounces of silver, generating net smelter revenues of A$628-million over a six-and-a-half-year mine life.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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