Ergo plant upgrade project, South Africa
Name and Location
Ergo plant upgrade project, Gauteng, South Africa.
Client
NYSE- and JSE-listed DRDGold.
Project Description
The project involves an upgrade of DRDGold’s Ergo plant, in Brakpan, Gauteng, to increase treatment capacity by 300 000 t/m to a total of 2.1-million tons a month.
The feasibility study envisages refurbishment and recommissioning of five tanks within the Ergo plant’s existing carbon-in-leach circuit, initially to treat the 21-million-tonne Van Dyk tailings dam resource.
Net Present Value/Internal Rate of Return
Not stated.
Value
R23-million. The project will be funded from additional internal cash flow from the retreatment of the Van Dyk dam
and will break even at a gold price of R384 000/kg.
Duration
The project is expected to be completed by September 2015.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Russell and Associates on behlaf of DRDGold, James Duncan, tel +27 11 880 3924.
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