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Achmmach tin project, Morocco

16th January 2015

  

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Name and Location
Achmmach tin project, Morocco.

Client
Kasbah Resources.

Project Description
Achmmach has a maiden ore reserve of 8.45-million tonnes at 0.78% tin for 65 400 t of contained tin.

The definitive feasibility study (DFS) base case has determined that a one-million-tonne-a-year underground operation at Achmmach is technically and commercially feasible.

The base case is premised on underground extraction of the entire Meknès trend ore reserve using long-hole open stoping (LHOS) mining methods, sup-ported by pastefill delivering about one-million tonnes a year of run-of-mine (RoM) ore to a conventional gravity and flotation facility at Achmmach.

This processing plant will produce an estimated 10 000 t/y of low-impurity tin concentrates at about 55% tin and generate about 5 300 t/y of tin in concentrate for export.

The LHOS method is well suited to the Achmmach orebody geometry and rock mass competence, and will allow for good ore recoveries with minimal dilution.

Value
Preproduction capital costs for the project are estimated at $181-million.

Duration
Production is expected in 2016.

Latest Developments
Kasbah has moved a step closer to production at its Achmmach project, after receiving final acceptance for the environmental- and social-impact assessment, as well as completing collective farmland rental agreements and signing in-principal community development agreements.

The company’s proposed Achmmach water management strategy has also been accepted by the Sebou Basin Agency.

These agreements and approvals are key requirements for the full development of the Achmmach tin project.

Kasbah is now required to enter into a land rental agreement with the Department of Forestry as the last mandatory approval. This agreement is expected to be completed by the second quarter of this year.

Once the decision to mine has been taken, final construction approval will be issued by the Ait Ouikhalfen commune, and will be based on the acceptance of final engineering design by the Department of Equipment, the Sebou Basin Agency and the National Office of Electricity and Potable Water.

In addition to these agreements, Kasbah is also hoping for an investment convention with the government of Morocco, setting out the fiscal terms under which the project will operate.

The company is hoping to finalise the convention during the first half of 2015.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Kasbah Resources, tel +61 8 9463 6651 or email info@kasbahresources.com.

Edited by Creamer Media Reporter

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