Khnaiguiyah zinc/copper project, Saudi Arabia
Name and Location
Khnaiguiyah zinc/copper project, Saudi Arabia.
Client
Khnaiguiyah Mining Company, a 50:50 joint venture between Alara and United Arabian Mining Company – a privately owned Saudi Arabian mining company.
Project Description
A definitive feasibility study (DFS), based on currently known Joint Ore Reserve Committee-compliant proved and probable reserves of 26.1-million tonnes, grading at 3.3% zinc and 0.24% copper, has shown that the Khnaiguiyah project could be financially robust.
The DFS envisions a life-of-mine of 13 years at two-million tonnes, with a proposed production of 1.41-million tonnes of zinc concentrate (775 000 t of zinc metal) and 210 000 t of copper concentrate (52 500 t of copper metal), with average concentrate production of 108 000 t/y of zinc and 16 000 t/y of copper.
Planned mining equipment includes two160 t excavators for waste; one 90 t excavator for ore; one 50 t excavator for batter scaling; 23 dump trucks, of which two will haul dry tails; and five drill machines for drilling and blasting.
Value
$257-million, including owner’s cost and contingency.
Duration
Production is expected to start in the fourth quarter of 2015.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Alara Resources, tel +61 8 9214 9787, fax +61 8 9322 1515 or email info@alararesources.com.
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