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Bulk tailings treatment project, South Africa

16th September 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name of the Project
Bulk tailings treatment project.

Location
South Africa’s North West province.

Client
Lonmin.

Project Description
The project involves the remining of Lonmin’s Easterns tailings dam. It entails the reprocessing of 26-million tonnes of tailings material at 300 000 t/m.

Once at steady state, the project is expected to produce about 29 000 oz/y of platinum or 55 000 oz of platinum-group metals, at a yield of 0.5 g/t platinum, palladium, rhodium, iridium, ruthenium and gold, and a grade of 1.42 g/t at a recovery of 35%.

Jobs to be Created
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
Lonmin has secured competitive funding of $50-million for the project.

Duration
Commissioning and ramp-up to full production is expected during the 2018 financial year.

Latest Developments
The first tranche of project funding of $9-million has been received and work has started on the project.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Lonmin, Sue Vey, tel +27 60 523 7953 or email sue.vey@lonmin.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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