A diversified group that explores and develops metals is happy to hear from suppliers for its $35 million mining project in Western Australia’s mid-west region.
The project involves an initial five-year development plan that offers a “robust and low-capital risk” start-up plan for the project. Key outputs are as follows:
• Capital and infrastructure refurbishment cost: A$15 million (including contingency)
• Refurbishment time-frame: 16 weeks
• Existing low grade ore stocks: 1.1 million tonnes at 1 g/t
• Planned open pits ore: 3.7 million tonnes at 1.9 g/t
• Planned underground mining ore: 560,000 tonnes at 4.1 g/t
• Ore sub-total: 5.4 million tonnes at 2 g/t (338,500ounces)
• Gold produced: 322,000 ounces
• Average cash operating costs (including royalties): $64 per tonne or $1070 per ounce
• All in cost: $77 per tonne or $1290 per ounce
• Earnings before interest, tax, depreciation and amortisation: $218.2m
• Simple payback (including acquisition): two years
Please apply below for further information.
Value of contract:
More than £100k
Response date:
05/10/2016
