Engineering & Mining Journal

JUN 2019

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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Page 45 of 115

NEWS - CONTINUED 44 E&MJ • JUNE 2019 NEWS - CALENDAR OF EVENTS AUGUST 27-29, 2019: AIMEX, Sydney Showgrounds, Sydney, Australia. Contact: Web: SEPTEMBER 6-7, 2019: Annual Meeting of the Mining Electrical Maintenance and Safety Association, Sheraton Sand Key, Clearwater Beach, Florida. Contact: Web: SEPTEMBER 9-12, 2019: Exposibram, the Brazilian Mining Expo & Congress, Expominas, Belo Horizonte, Brazil. Contact: Web: SEPTEMBER 16-20, 2019: 37 th International Conference and Exhibition of ICSOBA, Krasnoyarsk, Russia. Contact: Web: SEPTEMBER 16-20, 2019: Perumin, Centro de Convenciones Cerro Juli, Arequipa, Peru. Contact: Web: OCTOBER 9-10, 2019: China Mining 2019, Tianjin Meijiang Conven- tion Center, Tianjin, Peoples Republic of China. Contact: Web: OCTOBER 22-25, 2019: Convencion Internacional de Mineria, Mundo Imperial Acapulco, Mexico. Contact: Web: OCTOBER 30-NOVEMBER 2, 2019: China Coal & Mining Expo, New China International Exhibition Center, Beijing, China. Contact: Web: NOVEMBER 6-9, 2019: International Mining Exhibition (IME) 2019, EcoPark, Kolkata, India. Contact: Web: NOVEMBER 19-20, 2019: Smart Mining Conference, Tivoli Conference Center, Aachen, Germany. Contact: Web: DECEMBER 2-6, 2019: The 2019 American Exploration & Mining Association annual meeting, Nugget Casino Resort, Sparks, Nevada, USA. Contact: Web: carbon-in-pulp plant. Sulphide ore will be treated at a rate of 2.4 million mt/y. Preproduction capital expenditures of $164 million will be required for the oxide phase, with an additional $71 mil- lion required for the sulphide ore flotation plant and related infrastructure. Life-of- mine sustaining capital is estimated at $57 million, for a total of $292 million. The Gediktepe project is located close to existing infrastructure and connected to the national power grid. The deposit will be mined by conventional open-pit methods. Current planning calls for con- tract mining. A relatively small amount of work, including additional drill permitting and drilling followed by metallurgical test work and analysis, is required before the Gediktepe project can be advanced to a feasibility study. Alacer President and CEO Rod Antal said, "The updated Gediktepe PFS con- tinues to demonstrate the economic value and technical viability of the project. A material amount of work has been com- pleted since 2016 to define with a higher level of confidence the development and operational parameters for the project. "With the completion of the updated PFS, we will continue to progress the requisite technical work that will allow us to make a construction decision in the future." Rusal Receives License to Develop Goryachegorsk Nepheline Mine Global aluminium producer RUSAL has obtained a license to develop the Go- ryachegorsk nepheline mine, which pro- vides the main raw material for the Ach- insk alumina refinery. According to the initial analysis, the mine has sufficient reserves to ensure it is in operation for the next 60 years. The Achinsk alumina refinery is Russia's largest production site where nepheline ore is refined and alumina is produced. Currently, the refinery uses raw materials from the Kiya-Shaltyrskiy nepheline mine and Mazulskiy lime- stone mine, which have enough reserves for 10 years. The Goryachegorsk deposit is located in the Sharypovsk area of the Krasnoyarsk region. Since 2018, the nepheline re- serves, which are on the state's balance, amount to approximately 414.4 million metric tons (mt). Before the start of exploration, sched- uled for 2028-2029, there will be a num- ber of operations that will need to be car- ried out, including adding the reserves to the balance, project design work and con- struction of the necessary infrastructure, including the rebuilding of the railway and the construction of the pit and en- richment facility at the Achinsk refinery. The total volume of investments and exact start time for the exploration works will be agreed once all the project docu- ments are finalized. "One of the company's top priorities is the development of the proper resource base whilst there is still a period of high pricing," Evgenii Nikitin, CEO of RUSAL, said. "The Goryachegorsk field reserves will ensure that the work at the Achinsk alumina refinery can continue uninter- rupted for dozens of years after mining has completed at Kiya-Shaltyrskiy." (Regional News-Asia - from p. 32) Correction: The Derivation of Muckahi Last month, in Torex Shoots the First Muckahi Blast, E&MJ tried to explain the derivation of the term Muckahi (pro- nounced muk ǝ hī). It should have read… Prior to his ca- reer with Torex, [Fred] Stanford had a 28-year career with Vale Canada (formerly Inco), which culminated with him as president of Vale's Ontario operations. In the early days of Stanford's career when in the role of mine supervisor, he end- ed the daily lineup meeting with the expression "Muckahi," which basically meant, "we know what has to be done, now let's get out there and get it done!"

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