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Iduapriem mine upgrade, Ghana

25th April 2007

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name of the project and location
Iduapriem mine upgrade, Ghana.

Project description
AngloGold Ashanti’s Iduapriem mine is an openpit gold mine located in the western region of Ghana. The company is conducting a feasibility study into expanding its gold treatment plant through the addition of a new crushing plant and another mill. The upgrade will increase the mine’s processing capacity to 4,3-million tons a year from its current 3,8-million tons a year. The expansion is also likely to result in a 10% to 15% decline in costs at Iduapriem.

Value
$25-million.

Duration
The expansion is likely to take 12 to 15 months to complete.

Breakdown of main contracts
Not stated.

Client
AngloGold Ashanti.

Latest developments
Plant expansion to increase treatment capacity at Iduapriem from 3,7-million tons to 4,3-million tons started in the fourth quarter of 2006. Commissioning is expected in late 2008.

Participants
None stated.

Construction materials
Yes, however designs are not yet complete.

On budget and on time?
Project execution has not started yet.

Contact details for project information
AngloGold Ashanti, David Renner, tel + 233 362 20505, fax + 233 21 770 132 or email drenner@AngloGoldAshanti.com.gh .

 

Edited by Terence Creamer
Creamer Media Editor

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