https://www.engineeringnews.co.za

Resolute to move Mali gold mine underground by 2017

20th March 2015

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Australian gold producer Resolute Mining will accelerate its underground mining plan for its Syama gold mine, in Mali, and is targeting full production from underground mining by 2017.

Announcing the outcome of a review interrogating its options at the mine, Resolute CEO Peter Sullivan said on Friday the move to underground mining was an “excellent result” for the mine, as it immediately advanced Syama to its long-term mining plan.

“In the current gold environment it is a much more capital efficient outcome, while maintaining gold production levels,” he commented in a statement.

As part of the change to the mine plan, Resolute has accelerated mining of the Stage 1 openpit, with mining of all ore and the use of the mining equipment expected to be largely complete by the end of the June 2015 quarter.

Portal and decline development would start in early 2016 from the Stage 1 pit, from a portal about 200 m below the surface. This would allow early access to underground ore for development of initial production stopes, while continuing to extend the decline to the surface for long-term access to the underground.

Resolute would maintain mill feed from Stage 1 ore, sulphide ore from the satellite pits, Syama underground development ore and existing lower grade stocks through to 2017, when full production stoping from underground mining was expected to be ramped up.

Work had started on the detailed underground feasibility study, which would be completed in the March 2016 quarter. The previous underground prefeasibility study would be updated in the June 2015 quarter.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.217 0.27s - 158pq - 4rq
Subscribe Now