Mining weekly article gives spin on proceedings. Lets see how shortly shortly is I hold
Longclaw
News Today
Burkina Faso zinc mine to cost $73m --------------------------------------------------------------------------------
AIM- and Australian Stock Exchange-listed explorer AIM Resources, in its report for the period ended December 31, said that the Perkoa zinc project's feasibility study had been completed and indicated that the mine should produce 116 000 t a year of zinc concentrate for 14 years.
Establishment capital costs are estimated at $72,5-million with operating costs of $53,50 per ton of zinc metal produced excluding smelter costs.
Snowden Mining Consultants were responsible for the feasibility study, which incorporates a a mine design consisting of a shaft and decline to access the ore body, ramping up to deliver 525 000 t per annum of Run Of Mine (ROM) Ore to a simple process facility.
This facility comprises a crushing circuit followed by dense media separation, milling and floatation, resulting in the production of 116 000 t per annum of relatively clean concentrate, grading 53% Zinc over a 14 year mine life.
Plant infrastructure in the study includes a tailings dam facility incorporating a return/storm water dam for capture and reuse in the processing plant.
The main source of process water will be from a dam that has recently been constructed by the Burkina Authorities, close to the Perkoa Deposit. Power will be provided by on site diesel generators.
The study has addressed the transportation and logistics required to construct the Plant and Infrastructure by reviewing two alternatives available.
The first uses the rail line situated 30 km from the Perkoa project passing through the neighbouring country of Cote D'Ivoire to the Port of Abidjan.
The second uses road transport alternatives passing through Ghana to port facilities at Tema.
AIM Resources Limited is currently assessing off take counter parties for the zinc concentrate and expects to finalise arrangements shortly.
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