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2023 General, news, etc, page-68

  1. 18,560 Posts.
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    I had not realised Develop Global was the company doing the underground mining.
    It is managed by Bill Beament https://develop.com.au/board-management/:
    “..Mr Beament led the growth of Northern Star Resources from a 1¢ shell to an ASX50 company with a market cap of over A$15 billion.
    At the time of his resignation as Northern Star Resources Executive Chair, the Company was the second-biggest ASX-listed gold producer.
    This growth stemmed from a combination of highly successful exploration and operating excellence as well as project acquisitions…”

    Not bad associates with whom to be working alongside?


    cheers  

    https://www.kalminer.com.au/news/ka...-cash-flow-for-252-million-project-c-10236392

    Bellevue Gold begins mining Vanguard open pit to generate early cash flow for $252 million project

    Carwyn Monck Kalgoorlie Miner
    Tue, 4 April 2023 2:00AM




    Mining contractor NRW Holdings is fully mobilised at the Bellevue gold project site and mining of the Vanguard open pit has started. Credit: Bellevue Gold/Supplied

    Bellevue Gold has begun mining the Vanguard open pit near Leinster to provide an early cash injection via toll treating for the $252 million gold project.


    The company told the ASX on Monday that mining contractor NRW Holdings was fully mobilised to site and mining had started at the open pit, which is expected to produce about 10,000 ounces of gold for processing in the middle of this year in advance of the forecast completion of the processing facility.
    Earlier this year Bellevue awarded an open-pit mining and tailings facility construction contract worth $24.2m to a subsidiary of NRW Holdings.

    The company said mining of the Vanguard open pit would generate early cashflow via a toll treating arrangement, and it was exploring toll treatment options with mining companies in the region and discussions were ongoing.


    Bellevue on Monday said clearing was under way at the site’s tailings storage facility, with waste material from Vanguard to form the basis of the facility.

    It said the ball mill for the 1.0Mtpa nameplate processing facility arrived on site last month and was ready for installation.


    The ball mill arriving at the Bellevue gold project on March 21. Credit: Bellevue Gold/Supplied

    Bellevue said all critical components for the processing facility were now in Australia and the project continued to advance on schedule and budget.
    The company said the secondary and tertiary crushers had been installed, with significant progress on the structural steel work for the crushing circuit achieved in March.
    It said construction of the mine’s administration complex and office facilities was expected to be completed in April.



    The company said more than 10km of underground development had also been completed.
    It said underground mining contractor Develop Global had achieved excellent development rates, with three underground jumbos operating and targeting an average of more than 300m of advance per jumbo per month.
    Bellevue said work on the development of two raisebores with reaming had continued at both the northern escape way and the southern vent rise.


    The company has set a goal of net-zero greenhouse gas emissions for the gold project by 2026 which will be underpinned by a renewable energy power station which it said would target a renewable energy penetration rate of up to 80 per cent.
    Bellevue said earthworks and concrete foundations for the thermal station were complete with key electrical infrastructure secured, including critical long-lead items and a switchroom.



    Processing plant works at the Bellevue gold project, with critical path CIL tank construction prominent in the centre with tank painting commencing. Credit: Bellevue Gold/Supplied
 
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