Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr
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HIGHFIELD RESOURCES 50 E&MJ; • JUNE 2016 www.e-mj.com Since 1978, Polydeck Screen Corporation has been the leading provider of modular screen- ing solutions for the aggregate, coal, and mining industries. Their extensive selection of screen media, frame systems, and accessories has helped companies save time, increase production output, extend screen service life and improve worker safety. Their screen media product lines include: Polydex ® – Modular polyurethane screen media in 1' x 1' and 1' x 2' sizes that feature the most extensive range of opening sizes, shapes and confgurations available today. Since all polyurethane screen panels are made with a high quality injection molding process, surface features like dams and restricted fow bars are an integral part of the panel, not a glued or bolted on option. Rubberdex ® – Modular rubber screen media in 1' X 2' sizes that are available in several material compounds for fexibility or stiffness, microbial resistance or high temperature applications. Rubberdex ® panels are also injection molded under extreme high pressure to ensure homogeneous construction for optimum performance. Armadex™ – Bolt-down rubber solutions for the most abrasive, abusive scalping appli- cations. Armadex™ products incorporate a proprietary injection molding process to pro- vide extended wear life that outperform existing competitive options. Fully customizable in sizes up to 48" x 96" and 52" x 96" and up to 4" thick. Metaldex™ – New line of modular steel sections with polyurethane borders that can be used on Polydeck's PipeTop II™ stringer system. Available with either pin-style or PolySnap ® fastenings, the Metaldex™ line features high-strength welded wire in a va- riety of openings. This is a specialty product primarily used on targeted areas of a screen deck to achieve higher production results. All Polydeck screening solutions are accomplished through a philosophy of partnering with their customers to develop products and solutions that exceed the performance, durability and productivity of existing industry options while maintaining the highest standards of quality and customer service. And, as always, Polydeck screening solutions are backed by the most comprehensive Performance Guarantee in the industry. COMPANY PROFILE-PAID ADVERTISEMENT Polydeck Screen Corporation Highfeld's optimized DFS has pro- duced robust fnancial metrics. Similar to any commodity, potash prices are mar- ket dependent and the projected returns for the Muga project are most sensitive to changes in potash prices. Potash sold by the larger producers to the larger con- sumers in Asia is currently trading in the low $200/mt range. U.S. customers are paying somewhere in the $200/mt-$250/ mt range, while K+S demonstrated last quarter that European customers contin- ue to pay between $250-$300/mt, the highest price of any global market. Us- ing a price of $250/mt along with other considerations, such as exchange rates, Highfeld believes the Muga project will deliver signifcant value. A strong U.S. dollar has a direct in- fuence on the market. Taking Brazil as an example, the real has been devalued against the U.S. dollar, Schlumpberger explained. Brazilian farmers are paying more for potash today in local currency than they were when it was more than $375/mt at the start of last year. Infrastructure and Logistics With an eye toward sustainability, High- feld has deliberately tried to minimize the surface footprint of the infrastructure re- quired for the Muga project. Where possi- ble, the design has been adjusted to allow the use of natural features, such as valleys and rises, to ensure that the visual impact of the project on the surrounding area is minimized, Schlumpberger explained. The Muga mine will pull power from the grid and Highfeld has secured 60 MVA of capacity. The DFS estimates that less than 30 MVA will be required at peak periods during full production, giving them additional capacity for fur- ther expansion. "The beauty of our project is that it is truly a mining project and the trans- portation infrastructure already exists," Schlumpberger said. "We will truck the GMoP 140 km to the Port of Pasajes at Figure 3—Process Flow Diagram.