Nimba iron-ore project, Guinea
Name and Location
Nimba iron-ore project, Guinea.
Client
Sable Mining Africa.
Project Description
Positive results from metallurgical testwork conducted at the Plateau 2 area of the 205.2-million-tonne Nimba iron-ore project have highlighted the ability of the operation to sustain production of high-quality premium-grade lump and fines product over the initial ten-year life-of-mine exclusively from the Plateau 2 area. This comprises lump product grades of 63.33% iron (Fe) and fines product grades of 62.11% Fe.
This is expected to be achievable using relatively low-cost crush and screening methods.
A third medium-grade fines product is being considered with grades of 58.58% Fe returned.
Net Present Value/Internal Rate of Return
Not stated.
Value
Not stated.
Duration
Not stated.
Latest Developments
Testing to determine the sinter characteristics of the fines product is ongoing, with initial tests performing to expectation. The results are expected in September 2015.
Further metallurgical testwork is under way to progress marketing studies for the end product. Additional upside is available from Plateau 3 and the larger, undrilled Plateau 1.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Sable Mining Africa, tel +44 20 7236 1177 or email info@sbmf.co.uk.
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