Bibiani gold project, Ghana
Name and Location
Bibiani gold project, Ghana.
Client
Noble Mineral Resources.
Project Description
The Bibiani gold mine is located in western Ghana, 250 km north-west of Accra.
The project is estimated to host a proved and probable reserve of around 12-million tons, grading at 2.05 g/t gold, for a contained 790 000 oz of gold, and will have a mine-life of around ten years.
The project is expected to reach a capacity of three-million tons a year.
Value
Noble Mineral Resources has raised A$10-million for the final commissioning of the gold processing plant.
Duration
The processing plant is scheduled to be commissioned in March 2012, with production ramping up to 150 000 oz/y by the end of 2012.
Latest Developments
Noble Mineral Resources has raised A$10-million through a share placement of 21-million shares to fund the final commissioning of the Bibiani gold processing plant.
Some of the funds will also be used to fund the satellite pits in close proximity to the processing plant, as well as the continued drilling to identify satellite resources.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
The commissioning of the project has been delayed following unforeseen delays resulting from hold-ups in the fabrication of key components in South Africa and the subsequent importation of these components into Ghana. Noble
Mineral Resources has also indicated that customs clearance at the wharf, in Ghana, has also contributed significantly to the commissioning delay.
Contact Details for Project Information
Noble Mineral Resources, tel +61 8 9474 6771, fax +61 8 9474 6772 or email admin@noblemines.com.au.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...
VISIT SHOWROOM
As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
