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Scoping study proves up Mansa for Kaboko

21st May 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – A scoping study for Kaboko Mining’s Mansa manganese project, in Zambia, has confirmed the project’s economics and mine plan.

Kaboko said on Tuesday that the completion of the mine plan was critical to the operating programme and pit design, and enabled the company to maximise efficiency and production at the Mansa project.

The scoping study also confirmed that the budgeted costs for production and logistics were in line with Kaboko’s expectations, with the cost of delivering a cost insurance and freight (CIF) product estimated at between A$190/t and A$210/t from the project.

Kaboko noted that given the recent lift in manganese prices, and the high-grade nature of the project, the scoping results were a timely positive for the company as it moved into production over the coming weeks.

Meanwhile, the scoping study also provided the foundation for a Joint Ore Reserves Committee- (Jorc-) compliant resource statement at the Mansa project, which would be completed following further exploration work, targeting the extension of the existing mineralisation zone, during this quarter.

Kaboko aimed to confirm the indicative high-grade manganese resource identified in the scoping study, as well as increasing the potential resource to establish a Jorc-compliant resource.

Edited by Creamer Media Reporter

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