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Segovia Operations – Maria Dama expansion project, Colombia

Image of gold nugget

9th February 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Segovia Operations – Maria Dama expansion project.

Location
Segovia-Remedios mining district of Antioquia, Colombia.

Project Owner/s
Aris Mining.

Project Description
Aris is undertaking a small-scale project to increase the processing capacity at the Maria Dama gold processing plant by 50% to 3 000 t/d using a previously acquired ball mill that is already on site.

The project further includes the relocation and upgrade of the facilities that receive material from Aris’s artisanal and small-scale mining partners.

The addition of the ball mill to the existing circuit allows for higher throughput and more effective use of the current facilities, thereby enhancing the overall gold recovery rate for all processed materials. This creates the potential to gradually increase gold production from 200 000 oz/y to 300 000 oz/y.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
$11-million.

Planned Start/End Date
The expansion project is expected to be completed by early 2025.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Aris Mining, tel +57 4 448 5220 or email info@aris-mining.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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