- Write by:
-
Friday, September 18, 2020 - 12:34:37 PM
-
742 Visit
-
Print
Mining News Pro - Kenmare Resources has safely completed relocation of the dredge that forms part of the wet concentrator plant (WCP) B mining operation at its Moma titanium minerals mine, in northern Mozambique.
Kenmare previously announced three development projects that together have the objective of increasing yearly ilmenite production to 1.2-million tonnes on a sustainable basis from 2021, with the move of WCP B to the high-grade Pilivili ore zone being the final project.
The increased production is expected to significantly lower cash operating costs to between $125/t and $135/t (in 2020 real terms).
Consequently, from 2021 the group expects to be positioned in the first quartile of the industry revenue-to-cost (or margin) curve, supporting stronger free cash flow generation and providing for increased shareholder returns.
The dredge was transported 23 km along a purpose-built road from its previous mining area at Namalope to a new high-grade ore zone called Pilivili and has now been placed onto concrete plinths at its destination.
The move was undertaken using platform vehicles called self-propelled modular transporters (SPMTs) by a specialist heavy lifting and transport contractor.
Following the successful relocation of the dredge, the SPMTs are returning to Namalope to transport the WCP along the same route. Relocation of the WCP is expected to start next week.
"Completing the relocation of WCP B’s dredge safely and within the expected timeframe is an important milestone for the project. The 23 km purpose-built road performed well and we are confident in its ability to support the WCP in the coming days.
"We look forward to providing another update when the relocation and safe offloading of WCP B has been achieved,” says Kenmare MD Michael Carvill.
Short Link:
https://www.miningnews.ir/En/News/601167
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of ...
Base metals declined after the Federal Reserve pushed back on interest-rate cut expectations and as investors weighed ...
Mining News Pro - Australia expanded its list of critical minerals deemed crucial to its energy transition and national ...
Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a ...
Mining News Pro - Townsville is set to become home to Australia’s first critical minerals processing centre, the ...
Mining News Pro - Mexico’s President Andrés Manuel López Obrador exhorted Vulcan Materials’ subsidiary, Calica, to ...
Mining News Pro - China’s exports of germanium and gallium products in August plunged, customs data showed on Wednesday, ...
Mining News Pro - The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover ...
Mining News Pro - When China’s Vital Materials Co. bought up a $600 million stockpile of obscure critical minerals in ...
No comments have been posted yet ...