Engineers appointed for gold mine development

Catalpa dismantled and relocated its Big Bell mill to the Edna May site in 2007, and the refurbishment and recommissioning is the largest capital component of the $A92 million project.Construction, which is expected to take 12 months, will not begin until Catalpa secures funding for the project.Last week Catalpa announced it has secured a $67.5 million project finance facility from Macquarie Bank which will fund a portion of the project.The Big Bell mill has a capacity of 2.8-3.2 million tonnes per annum and the company is aiming to produce around 100,000 ounces of gold per annum over a six-year mine life.“GR Engineering Services has had considerable input into the process modelling, design and costing of the plant construction, refurbishment and commissioning during our feasibility study process,” Catalpa managing director Bruce McFadzean said.GR has also worked on the commissioning of Western Areas’ Cosmic Boy nickel concentrator and Avoca Resources’ Higginsville treatment plant.Catalpa is aiming for first gold production from Edna May by mid-2010.Edna May has a resource of 41.1 million tonnes grading 1.11gpt gold for 1.46 million ounces, and proved and probable reserves of 19.1Mt grading 1.2gpt gold for 738,000oz. The company is confident it can continue to grow the resources and reserves, and extend the life of mine.

Send this to a friend