- Write by:
-
Tuesday, September 11, 2018 - 1:05:06 PM
-
1159 Visit
-
Print
Mining News Pro - Australia-listed Matsa Resources has started mining the Red Dog gold deposit in Western Australia, with blasting expected to commence later this week.
According to Mining News Pro -Australia-listed Matsa Resources has started mining the Red Dog gold deposit in Western Australia, with blasting expected to commence later this week.
Red Dog is around 25 km west of the Fortitude gold mine, which Matsa conducted trial mining on earlier this year and is currently being weighed up as a full-scale operation.
Matsa said all equipment is on site at Red Dog, offices have been established and blasthole drilling in preparation for the first blast this week is underway.
The company has an agreement with AngloGold Ashanti Australia whereby all gold ore will be treated at its nearby Sunrise Dam gold mine treatment facilities.
The feasibility study on Red Dog envisaged mining some 30,000 bank cubic metres (BCM) per month, using a 120-130 t excavator and a fleet of Cat 777 dump trucks. The total material movement is expected to come in at 600,000 t at a strip ratio of 2.4:1.
Mining of the open pit is scheduled to take two months to complete with ore haulage to the mill continuing for a further month.
This would see some 13,400 oz of gold recovered over the life of mine at an all-in sustaining cash cost of A$1,294/oz.
Short Link:
https://www.miningnews.ir/En/News/258208
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in Chile by ...
Copper futures in New York rallied to a record high after a short squeeze that’s prompted a scramble to divert metal in ...
China’s CMOC Group Ltd. is being accused by a top US official of using “predatory” tactics to depress prices of a key ...
A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the ...
Teck Resources Ltd expects to generate annual earnings before interest, depreciation, tax and amortization (EBITDA) of ...
The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth ...
The state-run Chilean Copper Commission (Cochilco) will soon revise its copper price outlook, which will be considerably ...
Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado ...
Australian-based Atlantic Lithium Ltd., which is developing Ghana’s first lithium mine, has taken a step toward raising ...
No comments have been posted yet ...