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Kogi launches Agbaja scoping study

12th September 2013

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Iron-ore developer Kogi Iron has undertaken a scoping study over its Agbaja project, in Nigeria.

The scoping study would evaluate a first stage, five-million-tonne-a-year operation that would include mining and beneficiation activities. The mined ore would be hauled to a crushing plant and would be further milled and fed to a beneficiation plant.

A final ore concentrate grading between 55% and 56% iron would be produced.

The final concentrate would be slurried and pumped from the Agbaja plateau down to the Banda barge facility.

“There have been tremendous achievements to date with drilling and the establishment of a significant Joint Ore Reserves Committee-compliant resource at Agbaja, which has the potential to support a profitable iron-ore operation,” said Kogi MD Iggy Tan.

“In addition, there have been excellent studies to identify an optimal transport solution for the first stage of the project, as well as geological and metallurgical testwork to lay the foundations for the viability and feasibility of the project.”

Tan said that based on the background work and studies, Kogi was now in a position to launch the scoping study.

“Subject to feasibility and funding, the company intends to start iron-ore concentrate production at Agbaja at a rate of five-million tonnes a year. In addition to the technical and commercial feasibility of the project, the scoping study will also address potential markets for the Agbaja iron-ore,” he said.

Edited by Creamer Media Reporter

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