https://www.miningweekly.com

Liberia’s first gold mine on track for March start

Liberia’s first gold mine on track for March start

Photo by Duane Daws

11th June 2014

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – The inaugural gold pour from Liberia’s first commercial gold mine was on schedule for March 2015, Aim- and TSX-listed Aureus Mining said on Wednesday as steady development progress continued.

The fully funded New Liberty gold mine would be ramped up to steady-state production by the second quarter of the year, Aureus president and CEO David Reading said in a company update.

The mining company planned to produce, on average, 120 000 oz/y of gold for the first six years of the mine’s life.

“With the arrival of the ball mill, reaching 60% completion on the engineering, procurement and construction management contract and many of the other key construction milestones having been achieved prior to the commencement of the rainy season, we are pleased with the progress so far in developing Liberia's first commercial gold mine,” he said.

The ball mill, together with the mill motors and primary crusher, arrived at the mine site on schedule on June 10, and would take between four and six months to erect, with commissioning expected to start in the fourth quarter of 2014 and be completed by the first quarter of 2015.

Meanwhile, earthworks were “virtually complete" and the civils activities were progressing on schedule, with the first steel erection having kicked off in May, with the gold room and screen circuits now 90% complete, the primary crusher 75% complete and carbon-in-leach tank bases and shells 30% complete.

The establishment of the mine’s tailings storage facility (TSF) was nearing completion.

Aureus expected to complete the construction of TSF dam walls and start with pre-strip mining and reverse-circulation grade control drilling in the third quarter of this year, while the mill installation and plant civil construction were due for completion in the fourth quarter, after which openpit mining operations would start.

Further, the company aimed to complete the relocation of the affected village by the fourth quarter, with 115 families having been successfully relocated to a new 80%-complete custom-built township since April.

The New Kinjor Township comprised 318 permanent houses and 265 temporary houses, as well as a community centre, market, mosque, church, school buildings, water-wells and ablution facilities.

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Resources Watch
Resources Watch
21st February 2024

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (16/02/2024)
16th February 2024 By: Martin Creamer

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.149 0.183s - 107pq - 2rq
Subscribe Now