Condor Blanco fast-tracks Marianas
JOHANNESBURG (miningweekly.com) – ASX-listed Condor Blanco Mines has fast-tracked its Marianas iron tailings project, in Chile, deploying a mobile processing plant to the site.
With the bulk sample to be completed shortly, and the permitting under way to allow for processing of up to 30 000 t/m of concentrate, Condor said on Thursday that it had taken the opportunity to immediately start production using the mobile plant.
The plant would have both wet and dry processing capabilities and would run up to 150 t/h using wet separation to produce a high-grade product of between 65% and 70% iron, as well as hematite and magnetite product.
With the processing expected to start immediately, Condor was hoping to process some 5 000 t/m and stockpile for sale.
“This is an absolutely huge milestone for the company. Following on from the bulk sample, we’ve fast-tracked production of the project by immediately starting processing on site. With permitting under way already, this is an excellent way to generate immediate cash flow and will also save substantially on logistics costs due to the site processing, a premium grade would also improve the probability of the company,” said MD Glen Darby.
Once the mining permit was approved, Condor Blanco would increase production, with the profits from operations allowing the company to pursue exploration of its copper and gold projects.
“It's very rare for a small-scale company to move into production this quickly. Condor has achieved what many companies aim to achieve in a very small timeframe. 2014 is going to be a very exciting year for the company and shareholders alike,” said Darby.
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
ROSOND provides fast, efficient, safe, and cost-effective drilling and grouting services to mining and exploration industries throughout Africa.
VISIT SHOWROOM
AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...
VISIT SHOWROOM
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
