Ramu Development

Would be interesting to know the grade of these rocks, obviously enough to make it economically viable.
No doubt cost to come out of our share of cash flow,that's OK
Now if they can figure out a way to get rid of the chromite ,that's another $50mil pa.
Mine builds system to improve nickel grade
Source:
The National, Wednesday November 4th, 2015
RAMU NiCo is constructing a new system at its Kurumbukari Mine site to improve the nickel grade.
The Ore Crushing and Screening System will be used to crush rocky saprolites which contain a high grade of nickel but could not be extracted because the raw ore material bins were unable to accommodate huge saprolite rocks.
Deputy general manager of the technology department at Kurumbukari Mine Meng Jiazi, said the nickel grade was much higher in the huge rocky saprolite than the current saprolite limonite.
Jiazi said the crusher would solve the feeding of ore.  
“The crusher will solve the feeding of ore into the streams because at the moment, huge rocky saprolites cannot go through to extract high grade nickels,” Meng said.
“The crusher system is designed to crush huge boulders of 1.5 meters in diameter into small rocks of 0.3 to 0.35cm in diameter.
“Our primary purpose is to help improve mined ore into the raw ore material bin and remove the problem of rocky saprolites.”
Meng said the new crushing system would not fully solve the problem to achieve full design capacity of the project as there were other factors delaying the achievement including production and other technical issues.
MCC SJ (MCC 19), a qualified technology and engineering company will construct the crusher system with the support of KBK Mine Technology Department.
Around 100 support staff and engineers are engaged in this project.


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