Kin to update Leonora PFS
JOHANNESBURG (miningweekly.com) – The prefeasibility study (PFS) of the Leonora gold project, in Western Australia, is set to receive a facelift, with gold developer Kin Mining announcing on Tuesday that it will update the study completed by the project’s previous owner, Navigator Resources, in 2009.
“With the PFS, Navigator did all the heavy lifting – the gold resources and the outstanding quality and quantity of the data has been hugely beneficial,” said Kin CEO Don Harper.
Kin plans to use Navigator’s historical data to develop an enhanced optimised mine plan. The updated PFS envisages mines at Mertondale, Cardinia, Tonto-Eclipse and Raeside that will deliver ore to a centrally located standalone carbon-in-leach (CIL) gold treatment facility.
The updated study will evaluate the establishment of either a standalone one-million-tonne-a-year processing plant or a standalone 600 000 t/y plant set up for future expansion to one-million tonnes a year.
Kin produced a successful one-million-tonne-a-year processing plant scoping study in May this year, which demonstrated an economically robust and technically viable project with considerable upside.
The March 2009 PFS by Navigator described a base case development scenario for the PFS of an opencut mine delivering one-million tonnes a year at 1.8 g/t average gold grade to a standalone CIL plant over a six year mine life. The average production rate was 53 000 oz/y, assuming a 90% metallurgical recovery.
At a gold price of A$1 400/oz, the 2009 PFS estimated an aftertax net present value of A$66-million and net operating revenue of A$436-million with an internal rate of return of 44%.
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
As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.
VISIT SHOWROOM
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
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
