Balogo gold project, Burkina Faso
Name and Location
Balogo gold project, Burkina Faso.
Client
Golden Rim Resources.
Project Description
A scoping study completed on the Netiama Lodes at the Balogo gold project envisages a contractor-mined openpit, delivering 440 000 t of ore to a modularised processing plant at average grade of 9.3 g/t gold.
An estimated 4.5-million tons of waste rock will also be mined and placed on a wasterock dump during the two-year mine life. Tailings from the processing plant will be disposed of in an adjacent paddock tailings storage facility.
Value
Total capital expenditure for a new modular 250 000 t/y plant is estimated at A$39-million.
Duration
Golden Rim’s goal is to produce its first gold from the Netiana Lodes late in the second half 2014.
Latest Developments
Golden Rim will now seek proposals from contractors to conduct a definitive feasibility study (DFS) on the Netiana Lodes.
The scoping study report contains several alternatives that will be assessed as part of the DFS and could result in capital costs being reduced and the ounces recovered being increased.
Key Contracts and Suppliers
Coffey Mining (scoping study).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Golden Rim Resources, tel +61 8 9481 5758, fax +61 8 9481 5759 or email info@goldenrim.com.au.
Coffey Mining Ghana, tel +233 24 494 7672, fax +233 21 760 476 or email contactus@coffey.com.
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