https://www.miningweekly.com

Resolute starts production from Syama underground

Resolute CEO John Welborne

Resolute CEO John Welborne

14th December 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Gold miner Resolute Mining has started ore production from the new Syama underground mine, in Mali.

MD and CEO John Welborne said on Friday that the successful development of the Syama underground mine represented a pivotal moment in the history of the company.

“Syama will be the world’s first, purpose built, fully automated sublevel cave gold mine. It is a world class, long life, low cost asset that will deliver long-term benefits to our shareholders, stakeholders, and local Mali communities for years to come.”

Some 400 000 t of developing and long hole stoping ore have been extracted from the underground mine since construction started in 2016. Mining rates are expected to gradually build up over the first half of 2019, and will reach nameplate capacity of 200 000 t/m, or 2.4-million tonnes a year, by the end of June next year.

“Syama will be the most sophisticated and advanced gold mine in Africa. Our investment in exploration, infrastructure, technology, power and innovation at Syama has transformed a world-class orebody into a world class mine,” said Welborne.

“The combination of mine automation, improved recoveries, and lower cost power has the potential to increase Syama site production to 300 000 oz/y and reduce life-of-mine all-in sustaining costs to below $750/oz.

“The Syama underground mine is an achievement that builds on Resolute’s African development expertise demonstrated in earlier successes at Obotan and Golden Pride. The new mine also builds on the company’s underground technical achievements demonstrated in pioneering the sublevel shrinkage mining method at the Mt Wright underground mine, in Queensland.”

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

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

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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:0.055 1.254s - 111pq - 2rq
Subscribe Now