Primary Gold advances Toms Gully feasibility study
PERTH (miningweekly.com) – Emerging gold developer Primary Gold on Friday reported that an initial evaluation of its Toms Gully mine and processing plant, in the Northern Territory, has indicated upside potential.
A scoping study, completed in 2012, showed that restarting production from the mine and processing plant would be viable, and that production costs would total some A$1 000/oz.
The scoping study also showed the benefit of significant surface and underground infrastructure at Toms Gully, including a 250 000 t/y processing plant, which would positively impact capital costs, payback periods and ramp-up time to full production.
“We are encouraged by our initial assessment of Toms Gully and are looking forward to reviewing the full feasibility study, which will confirm the production parameters and costs, and further investigate upside potential in areas such as mine life and unit costs,” said Primary Gold MD Clay Gordon.
The results of the scoping study would be fed into the feasibility study currently under way. The feasibility study was due for completion in the current quarter and would include an updated resource estimate.
“We are definitely making progress towards our target of bringing Toms Gully back into production,” said Gordon.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
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















