https://www.miningweekly.com

Paulsens refurbishment off to a strong start – Black Cat

9th February 2024

By: Creamer Media Reporter

     

Font size: - +

ASX-listed Black Cat Syndicate has started refurbishment works on the processing facility at the Paulsens gold mine, in Western Australia.

The company, which in November unveiled a new restart plan for the gold mine, is advancing procurement of long lead items, it said in a statement on Friday.

“Our team has been systematically working through the processing plant conducting maintenance work, as well as setting detailed plans for future refurbishment works. Work to date has been extremely productive with significant upside identified, particularly in the crushing circuit.

“Long lead items have been or are in the process of being ordered. We are also starting to engage with mining contractors and equipment suppliers. Activities will progressively step up as our additional financing becomes available,” said Black Cat MD Gareth Solly.

The November 2023 restart study, which is based on 406 000 oz resource, delivers 163 000 oz of gold at an all-in sustaining cost of A$1 836/oz, over a 4.2-year mine life.

At a gold price of A$2 900/oz, Paulsens will deliver operating cashflow of A$110.6-million. Each A$100/oz change in the gold price impacts the operating cashflow by A$16-million.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

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

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

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:0.044 0.69s - 110pq - 2rq
Subscribe Now