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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: jackjc who wrote (12095)5/26/2006 1:39:04 PM
From: loantech  Read Replies (1) | Respond to of 78409
 
That will soon include WGDF with 3.5 mill ounces and in the middle of a feas and with permits and infrastructure.



To: jackjc who wrote (12095)5/26/2006 2:08:01 PM
From: E. Charters  Read Replies (1) | Respond to of 78409
 
In 1982 Cominco American signed an agreement with NANA, regarding development of the deposit. Initial mine development began in 1986 and by November 1989 construction was complete. Operations and production began in December 1989. Facilities were expanded in 1998 and again in 2001.

teckcominco.com

Cominco process engineer Dawn Pumnea is in charge of the commissioning, which will be complete in October 2001. "We have done the best we could," said Pumnea in mid-September 2000. "With this schedule there will be things that will require creative solutions and adjustments." All tie-ins will be done during the normal scheduled shutdowns. "We will be turning the plant upside down, but will have to do it without production interruptions."

Operating manager Tim Smith gives a lower key summation: "This is a $105-million capital expansion with two new generators and lots of increase in flotation. With a 35% return on investment, it's a no-brainer." He adds: "We may have to expand the mill again for the new deposit [Anarraaq]."



To: jackjc who wrote (12095)5/26/2006 2:32:55 PM
From: Mr. Aloha  Respond to of 78409
 
Perfect storm is right, particularly with zinc:

Worldwide Zinc Crisis:
Message 22469016

Zinc Miner Volcan Says Prices Will Stay Above $3,000 Until 2008:
Message 22485563

Zinc consumers fret over tight supply
Message 22488923