Xtract granted a mining licence for Morocco antimony project
London-listed Xtract Resources has been granted a mining licence for the Amghas antimony project, in north-west Morocco, and has started relocating existing processing infrastructure from Casablanca to the project site.
This while its 80%-owned venture, Wildstone, finalises documentation for a processing permit to install a gravity plant on site – the first phase of a broader regional processing strategy.
The plant is expected to treat Amghas mine output and third-party small-scale miner ore initially, before supporting the planned development of a larger central flotation plant to process material from Amghas, the neighbouring Ighoud mine and local small-scale miners.
"The grant of the Amghas mining licence and the rapid mobilisation of processing infrastructure mark an important milestone for Xtract in Morocco. With rehabilitation work completed, encouraging resource evaluation and a 70 000 t/y gravity plant moving toward operation, we believe Wildstone has a clear path to near-term antimony concentrate production.
"This will provide strong commercial proof for the viability of the planned larger flotation plant and our broader regional antimony strategy," says Xtract executive chairperson Colin Bird.
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