New Luika gold mine processing-capacity expansion project, Tanzania
Name of the Project
New Luika gold mine processing-capacity expansion project.
Location
The project is located in the Songwe district of south-western Tanzania.
Project Owner/s
Shanta Gold.
Project Description
Shanta plans to increase the capacity of the New Luika gold mine processing plant from the current nameplate capacity of 620 000 t/y to a baseline capacity of 708 000 t/y, with the projected processing rate increased to a baseline of 783 000 t/y (the current processing rate is estimated at 695 000 t/y).
The plant upgrade will focus on increased ball mill power, with upgrades to other components, including an increase to pumping capacity and a tailings discharge system, as well as additional leach capacity to support the higher throughput and increase operability. Increased plant capacity will provide New Luika with the flexibility to reduce cutoff grades, thus, lowering the hurdle for resources to be converted to mineable ounces.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The project will cost about $1.2-million to implement.
Planned Start/End Date
Plant capacity expansion is expected to be completed in January 2021, with milled throughput to increase immediately thereafter.
Latest Developments
Shanta has started the New Luika plant upgrade through the integration of the 10 t/h pilot plant, which was previously acquired for the Singida project in 2016.
The installation of the pilot plant at Singida was abandoned following a review of the project economics and it has been in storage in South Africa since it was acquired.
Meanwhile, the detailed engineering design has been completed, and the company has started civil works on the mill floor and foundation.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Shanta Gold, tel 255 22 2925148–50 or email info@shantagoldltd.com.
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