From SUF News Releases
TORONTO, Aug. 21 /CNW/ - SouthernEra Resources Limited (SUF-T) is pleased
to announce that it has placed an order with Dowding Reynard & Associates for
a 100 tonne per hour Dense Media Separation (DMS) plant for the Company's
Klipspringer Project in South Africa. This plant will be commissioned in the
first quarter of 1998 and it will be capable of treating up to 2000 tonnes per
day.
The installation will be located centrally on the Company's
Modderfontein/Rusland farm. For the foreseeable future, the plant will have
the capacity to treat all bulk sample and production tonnage from the
Marsfontein pipes, Leopard fissure, Sugarbird kimberlites and other kimberlite
sources in the larger prospect area. It is modular in design, and capacity can
be expanded as required.
The plant will incorporate the most modern proven diamond recovery
technologies, including a recrush circuit, X-ray recovery system, sorthouse
and security features.
Initial treatment rate will depend on availability of feed material from
the various kimberlite bodies in the Klipspringer area. The plant throughput
will be built up to capacity as quickly as possible in order to maximize cash
flow from the project.
Other engineering activities at Klipspringer are progressing
satisfactorily. These include:
- Power line and transformer design for mine and treatment plant power.
- Confirmation of an adequate local water supply.
- Construction of an all-weather road from the main paved road to the
Leopard adit.
- Recruitment of senior personnel with relevant diamond operating
experience.
- Permitting of additional farms.
- Establishment of additional security features.
- Continued adit development of the Leopard fissure which has now
advanced over 200 metres.
Expenditures on completing the plant at Klipspringer and the continuing
exploration program there were reported to total $7.5 million, net of $1.5
million in diamonds recovered during the quarter, with an additional $3.7
million expended on the exploration projects in Angola and the Northwest
Territories, Canada. Working capital was reported to be $7 million.
If any one has the exact numbers of total plant construction costs for the SUF plant please post. I had heard around $10,000,000.00. Winspear would need a power plant of some kind. Any Natural Gas in the area? |
