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GOLD
March 2017
MODERN MINING
21
Above:
View of CIL tank
construction from the top of
the tower crane.
Above left:
A recent view
of the Yanfolila site with the
tower crane in place at the
processing plant site.
Left:
Location of Humming-
bird’s two gold projects in
West Africa.
of producers. Moreover, a rapid payback on
the capital invested is anticipated with over
US$70 million expected to be generated in the
first full year of production.
The average annual gold production over a
Life of Mine (LOM) of eight years is estimated
at 107 000 ounces although the first full year of
operation will see 132 000 ounces being pro-
duced. In all, some 8,7 Mt of ore (at an average
grade of 2,95 g/t and a LOM strip ratio of 11,9
to 1) will be mined over the LOM to produce a
total of 770 000 ounces.
Comments Monro: “The impressive