Cleveland cuts costs, restarts Premier
PERTH (miningweekly.com) – Diversified junior Cleveland Mining has restarted operations at its Premier gold mine, in Brazil, after implementing a number of cost reduction measures, including a 50% reduction in staff.
The miner said that, following a comprehensive cost-cutting plan, the contract crusher had also been removed from site, allowing Cleveland to buy a fixed crusher to replace it.
Around 30 000 t of crushed ore, estimated to contain some 1 900 oz of gold, has been delivered to the run-of-mine pad in preparation for the restart of processing.
Repairs and upgrades to the ball mill have also been completed, allowing gold production to resume on July 26.
MD David Mendelawitz noted that the ramp-up of operations has gone well, with average production rates of 36 t/h achieved, against a nameplate capacity of 40 t/h. Prior to the modification of the mill, throughput averaged around 27 t/h.
He noted that Premier’s mine plans were also being re-evaluated and remodelled to account for changes in the cost structure, the issuance of the carbon-in-leach permit and the publication of the O Capitao leases.
“This work has produced a new 12-month plan for the mine that includes mining of the underground at Premier and O Capitao, plus increased recoveries through the introduction of chemical processing. Longer-term plans will be progressively produced.”
Meanwhile, Mendelawitz noted that preparation for the underground decline development had begun, with the decline designed to drive in on high-grade ore.
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