https://www.miningweekly.com

Mincor moves away from gold in pursuit of nickel

7th June 2019

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

ASX-listed Mincor has decided to cease mining operations at Widgiemooltha Gold Operations (WGO) from August 1.

This follows a strategic review of the company’s gold operations in Western Australia, which was announced in March.

Mincor stated on Friday that the strategic review was consistent with the company’s core focus on restarting nickel sulphide production in the Kambalda district.

Further, the company’s toll treatment agreement with Westgold, at its Higginsville operations, would expire on June 30, with the ownership of Higginsville scheduled to transfer to RNC Minerals during the month.

Meanwhile, to treat remaining ore from Higginsville, Mincor has agreed terms to start a new short-term tolling agreement at the Lakewood processing facility, in Kalgoorlie, which should see Mincor treating two parcels of ore during August and September, which will total between 80 000 t and 90 000 t.

The final aspect of the strategic review entails starting a divestment process of WGO, together with its gold rights at Bluebush and Jeffreys Find.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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:0.045 0.873s - 114pq - 2rq
Subscribe Now