Abujar ramping up to full production - Tietto
PERTH (miningweekly.com) – Junior Tietto Minerals has completed commissioning of its Abujar gold processing plant, in Côte d’Ivoire, with the project now ramping up to full production.
The 4.5-million-tonne-a-year mine is forecast to produce 200 000 oz/y of gold over the first six years of production, at an all-in cost of around $800/oz. Initially, Abujar will process lower-grade oxide ore from largely depleted artisanal mining zones prior to accessing the higher-grade fresh ore from the main pit, which is scheduled for April this year.
Tietto on Monday told shareholders that gold recoveries so far had been consistent with expectations. The company was expected to release a production guidance for 2023, and a cost guidance for the calendar year, later in April.
The openpit operation at Abujar is expected to have a mine life of over ten years, while an underground operation would extend the project life to 12 years. The addition of an underground operation is expected to add a further $48.4-million in capital costs from the beginning of year six of the operations.
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