Solvent extraction and electrowinning plant, Democratic Republic of Congo
Name of the project and location
Solvent extraction and electrowinning plant (SXEW), Kulu copper-mine, Democratic Republic of Congo (DRC).
Project description
Anvil Mining has announced that it has completed a prefeasibility study to determine the viability of constructing and operating a 30 000 t/y SXEW plant to produce London Metal Exchange- (LME-) grade cathode copper, based on the recently upgraded Kulu mineral resource near Kolwezi in the southern part of the DRC.
Based on these results, Société Minière Kolwezi (Anvil 70%) will complete a definitive bankable feasibility study (BFS) during the third quarter of 2006.
It is intended as part of the BFS to add at least another five years to the projected mine life of the Kulu copper-mine. This is expected to be achieved by drilling programmes, which will start in the first quarter of 2006.
Value
The capital cost is estimated at $57-million.
Duration
Assuming that the outcome of the BFS is positive, construction of the SXEW plant will start shortly thereafter and is expected to be completed by the first quarter of 2008
Breakdown of main contracts
Not stated.
Client
Anvil Mining.
Latest developments
None stated.
Participants
None stated.
Construction materials
Too early to state.
On budget and on time?
Too early to state.
Contact details for project information
Anvil Mining vice president investor relations, Robert La Vallière, tel +1 514 448 6664 or email robertl@anvil.com.au .
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