Goulamina gets de-risked
PERTH (miningweekly.com) – ASX-listed Mali Lithium on Monday announced that a water licence has been received from the Malian government for the Goulamina lithium project, allowing the company to pump water from the nearby Selingue dam, de-risking the water supply.
The water will be pumped 29 km from the dam to a surface water run-off facility, with the volume of water to be determined by what is produced from bores and harvested volumes.
Furthermore, Mali Lithium is also looking at operational cost savings by using alternatives to diesel power generating, and looking at reduced road transport costs by using a combination of shorter route to port and backloading of product using empty trucks returning to port.
“The project team has done a fantastic job in optimising the three key areas of water, power and transportation of product. Now during the completion of a definitive feasibility study in the next few months, this work can be crystallised into increased operational efficiency, reduced risk and reduced cost,” said Mali Lithium MD Chris Evans.
An updated prefeasibility study into the Goulamina project had previously estimated that it could produce an average 362 000 t/y of spodumene concentrate, or a total of 5.7-million tonnes of concentrate over an initial mine life of 16 years, based on a two-million-tonne-a-year mineral concentrating plant.
The project is estimated to have a net present value of A$653-million and an internal rate of return of 49.5%, and will require a capital investment of A$196-million.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















