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GOLD

28

MODERN MINING

November 2016

A

ccording to the FS, prepared

and compiled by Lycopodium

Minerals with the support of six

globally recognised engineer-

ing firms, the Ity CIL project

is expected to deliver average production of

114 000 ounces per year over a 14-year mine

life at an AISC of US$603/oz, based on current

reserves. The project will comprise multiple

open-pit mines and existing decommissioned

heap leach stockpiles, and will include the

construction of a new gravity circuit/CIL plant.

The initial capital cost is estimated at US$307

million with a 20-month construction period.

The Feasibility Study production profile and

economics have significantly improved com-

pared to the September 2015 Pre-Feasibility

Study. Factors that have contributed to this

are a 31 % increase in reserves due to the

inclusion of additional deposits and further

resource conversion; increasing the mill size

from 2,0 Mt/a to 3,0 Mt/a, which lifts annual

production while maintaining a 14-year mine

life; and optimisation of the Tailings Storage

Facility (TSF) and associated earthworks. In

addition, mine sequencing, processing sched-

uling, and river diversions/hydrogeology have

been optimised, as has the mining equipment

fleet (which will have a moving capacity in

excess of 17 Mt/a).

The improved economics are also a result

of a simplified and optimised process plant

design, by Endeavour Project Services along

with Lycopodium, to follow the same path as

the Houndé project in Burkina Faso, and the

Agbaou and Nzema mines (in Cote d’Ivoire and

Ghana respectively), in addition to removing

the refractory processing route, which will be

investigated further.

A total of eight indicated mineral resource

prospect areas are included in the FS. These are

six in-situ gold deposits (Daapleu, Mont Ity, Ity

Flat, Zia NE, Walter and Gbeitouo) in addition

to the Teckraie stockpile and the Aires decom-

missioned leach pad.

The selected strategy is to mine and process

Daapleu and Ity Flat higher grade ore early,

while stockpiling low grade ore for treatment

when open-pit mining operations are com-

plete. As such, the mining period is nine years

followed by the processing of stockpiled low-

grade ore for another five years.

This strategy was established through pit

optimisation work which indicated that paral-

lel processing of the Daapleu sulphide ores with

free milling oxide ores gave the best return.

Mill feed requirements will be supplemented

successively with oxide material fromMont Ity,

Gbeitouo, Walter and Zia NE and existing ore

stockpiled from current heap leach operations.

The mine planning, resource and cost

estimation for the FS is based on an owner

operated mining operation using 90-tonne haul

trucks. Mining is scheduled to commence three

months before the start of the processing plant

to pre-strip the pits and stockpile ore. The life

of mine strip ratio is put at 2 to 1 with the pits

reaching depths of up to 205 m.

As regards the processing route, the con-

ventional gravity circuit/CIL plant is designed

CIL project

could transform

Ity

into a

flagship

operation

Open pit at Ity. The mine

has produced more than

1,2 Moz of gold in its more

than 20 years of operations

(photo: Endeavour Mining).

TSX-listed Endeavour Mining, which owns and operates five

mines in West Africa fromwhich it expects a total gold pro-

duction of between 575 and 610 koz in 2016, reports that

a “robust” Feasibility Study (FS) on a CIL project at its Ity

mine in Cote d’Ivoire has been completed. It says the FS has

confirmed that Ity, currently a heap leach operation, has the

potential to become a long-life, low-cost flagship asset.