https://www.engineeringnews.co.za

Tawana targeting Mofe Creek pilot by 2015, commercial production in 2016

4th August 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX- and JSE-listed Tawana Resources on Monday revealed it could possibly have a pilot-scale bulk mining and pilot plant at its Mofe Creek project, in Liberia, operational by the start of 2015, while commercial production was targeted for 2016.

The pilot plant would be used to obtain strategic data for detailed design criteria, materials handleability testing and mine design, the company said, adding that it also provided an opportunity for vocational training, skills development and employment creation opportunities.

Tawana reiterated that it had recently delivered a robust scoping study for the project, which demonstrated a low capital expenditure, low-cost, high-margin operation with a strong net present value and internal rate of return.

Likewise, a maiden resource and extensive metallurgical testwork programme had confirmed the simple, efficient processing route required to produce a superior final product containing upwards of 65% iron.

“Following the scoping study, we immediately embarked on a prefeasibility study (PFS), which will be complete by April 2015,” Tawana said, adding that PFS drilling was currently under way.

“We have a dedicated board, executive team, and officers within Liberia to ensure the timely development of this exceptional iron-ore project. The support and commitment from the government of Liberia has been forthright and we hope to utilise these strong relationships to fast-track development,” Tawana executive chairperson Wayne Richards commented.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.048 0.66s - 140pq - 2rq
Subscribe Now