https://www.engineeringnews.co.za
Construction|Financial|Gold|Mining|PROJECT|Resources|Infrastructure
Construction|Financial|Gold|Mining|PROJECT|Resources|Infrastructure
construction|financial|gold|mining|project|resources|infrastructure

Work starts on Warrawoona

2nd March 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Site work has started at the Warrawoona gold project, in Western Australia.

ASX-listed Calidus Resources on Tuesday reported that in parallel with the construction activity, the company was completing an integration study on the nearby Blue Spec gold deposit, that would assess the economics of mining this deposit, with a 219 000 oz resource.

“The countdown to production at Warrawoona has now begun. Construction of Warrawoona is fully funded and we are on schedule to pour first gold as planned in the first half of 2022,” said Calidus MD Dave Reeves.

“Our feasibility study shows Warrawoona will generate strong financial returns from a base case production scenario of 90 000 oz/y at an all-in sustaining cost of A$1 290/oz.

“The inclusion of Blue Spec will enable us to leverage the Warrawoona infrastructure significantly, raising the potential for increased production and financial returns.”

An updated prefeasibility study into the Warrawoona project found that some 623 086 oz of gold could be recovered over an initial mine life of eight years, with pre-production capital estimated at A$116-million.

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

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







sq:0.075 0.132s - 160pq - 2rq
Subscribe Now