R/€ = 13.84
R/$ = 11.06
Au 1170.08 $/oz
Pt 1234.50 $/oz
Oct 27, 2006
Independent engineering consultant selected for Pilansberg prefeasibility studyBack
Engineering|Gold|Nigel Town|Consulting|Design|Flow|Mining Weekly|Platinum|PROJECT|Projects|Resources|TWP|TWP Consulting|Wesizwe|Frischgewaad Ledig Complex|Flow|Mining|Infrastructure|Mike Solomon|Townshend|Mining Weekly
© Reuse this Engineering firm TWP Consulting has been appointed as the engineer for the prefeasibility study for Wesizwe Platinum’s Pilanesberg project in the Frischgewaad Ledig Complex. This comes in the wake of the successful completion of the independent engineer’s report and the commissioning of the prefeasibility study last week. According to Wesizwe CEO Mike Solomon, TWP has been selectedspecifically because of its extensive experience in shaft and infrastructure design in the platinum industry. To this extent, the company has been involved in Anglo Platinum and the Royal Bafokeng’s nearby BRPM operation, as well as the Styldrift project. More importantly, TWP is the consulting engineer for the Impala Shaft 20 project, which is the closest underground operation to Wesizwe’s property, and is of an almost identical configuration to that planned for Wesizwe’s Pilansberg project. In an interview with Mining Weekly, TWP CEO Nigel Town-shend explains that the com-pany has been involved in the Pilanesberg project for several years. “During this time, TWP has com- pleted the initial upfront engineering work and the conceptual mine design,” says Townshend. Although upfront engineering work and conceptual mine design are usually associated with the latter stages of a project, these were undertaken early in 2005 as part of Wesizwe’s reverse engineering approach to the project.
Solomon explains that the approach of reverse engineering was undertaken to ensure that the project is not constrained by the present engineering skills shortage and that the project will remain within the technical and commercial targets set in 2005. With the commissioning of the prefeasibility study, TWP’s role at this stage will be to undertake the engineering and management of the project. The prefeasibility study will be conducted on the outcome of the independent engineer’s report, which concluded that Wesizwe has the resources to sustain a mining opera-tion of 180 000 t/m, yielding some 360 000 oz of platinum, palladium, rhodium and gold a year over a 25-year life-of-mine. The scope of the study will cover the technoeconomic factors that will impact on the exploitability of the established resource, which include structural geology, resource evaluation, appropriate mining method, appropriate shaft access, specification of metallurgical plant, surface infrastructure, concomitant capital costs, estimated operating costs, cash flow, and financial model- ling. It is anticipated that the results of the prefeasibility study will be released during the first quarter of 2007 and, provided the results prove positive, the prefeasibility team will move directly into a bankable feasibility study for the project. As the consulting firm has been involved in this project from the initial stages and has been responsible for the mine design, Townshend is optimistic that TWP will be involved through the remaining life of this project, provided that it is determined as being viable and attracts the necessary funding. Townshend concludes that, despite the skills shortage in the industry, the company is confident that it will meet the present obligations for all its projects. “TWP continues to be the employer of choice within the consulting engineering industry, which has been evidenced by the fact that the company was placed thirtieth out of hundreds of entries in the 2006 Deloitte and Financial Mail ‘Best company to work for’ survey.
“TWP, therefore, has fewer problems than most of its competitors in retaining and recruiting staff, and is completely confident that it will meet all its obligations in the Pilanesberg project.”
Edited by: Jade Davenport© Reuse this Comment Guidelines (150 word limit)
Other Consulting Engineers News
Regulation issues, including the procurement of consulting engineering services, remain one of the biggest challenges faced by the consulting engineering industry, indicates Consulting Engineers South Africa’s (Cesa’s) latest Bi-Annual Economic and Capacity Survey...
Engineering and design company WSP Africa completed the preliminary design of an ammonia-based refrigeration system for Malaysian retailer Giant in June this year. WSP technical director Kobus de Villiers notes that the project has been delayed by three months, as...
Updated 4 hours ago The retail price of 95-grade petrol in South Africa will drop by 45 cents or 3.3 percent a liter from next Wednesday, while wholesale diesel will decrease by 4.9 percent, the government said on Friday. Petrol will cost 13.16 rand ($1.20) a liter while the wholesale...
Updated 4 hours ago Special purpose vehicle GreenCape will, by the end of 2014, make an application to the Department of Trade and Industry (DTI), the Western Cape provincial government and the City of Cape Town to declare Atlantis, on the Western seaboard, a special economic zone...
Updated 4 hours ago The German government has committed a further R70-million towards the second phase of the Non-Motorised Transport (NMT) programme. The NMT programme forms part of the Department of Environmental Affairs’ 2010 FIFA World Cup National Greening Legacy Programme.
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
This Week's Magazine
In the next 20 years, it was expected that, in Africa, more people would live in cities and towns than in rural areas, United Nations Habitat executive director Dr Aisa Kirabo Kacyira said at the Human Settlements Indaba that took place earlier this month in...
Tough-talking Human Settlements Minister Lindiwe Sisulu has committed government to building 1.5-million low-cost houses over the next five years, telling the Human Settlements Indaba in Johannesburg on Wednesday that the State would achieve this target through the...
Over the past 20 years there has been persistent concern about deindustrialisation in South Africa, as well as the fact that locally produced manufactured products have been increasingly displaced by imports.
Financial agreement for Ghanian independent power producer (IPP) Cenpower Generation Company’s $900-million, 350 MW combined-cycle gas-turbine power plant was finalised earlier this month, paving the way for the project’s construction to begin before 2015 in Tema,...
The revenue implications for South Africa of ‘base erosion and profit shifting’ by corporate taxpayers are firmly in the crosshairs of the Davis Tax Committee (DTC) and Judge Dennis Davis hinted last week that recommendations were being considered to “detect and...