Kefi Nearing Construction Start for Tulu Kapi

Trenching work under way at the Tulu Kapi gold project. (Photo: Kefi Minerals)Kefi Minerals has reported the results of a definitive feasibility study (DFS) of its Tulu Kapi gold project, located approximately 360 km west of Addis Ababa, Ethiopia. The study estimates total project gold production of 960,000 oz over a 13-year operating life. All-in sustaining costs are estimated at about $780/oz of gold produced. Startup capital costs are estimated at $120 million, based on use of contract mining.

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Amara Targeting Large Gold Resource at Yaoure

Amara Mining has announced the results of an NI 43-101-compliant prefeasibility study of its 100% owned Yaoure open-pit gold project in Côte d’Ivoire. The project’s gold resource base includes 4.4 million oz indicated in 106.3 million mt grading 1.29 g/mt and 2.6 million oz inferred in 63 million mt grading 1.19 g/mt. The prefeasibility study focuses on a mineral reserve of 2.7 million oz in 70.4 million mt grading 1.18 g/mt, but also includes a scenario that considers the total resource.

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Aureus Hits Nameplate Capacity at New Liberty Gold Project

Power GensetsAureus Mining reported on July 20 that the process plant at its New Liberty gold project in Liberia had reached nameplate capacity following a successful period of commissioning. The plant underwent a 24-hour period of performance testing, during which it operated at a feed rate of 152 metric tons per hour (mt/h) of run-of-mine ore at a plant availability of 96%. Aureus issued a certificate of performance test completion to the engineering, procurement, construction and management (EPCM) contractor, DRA Mineral Projects.

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Resolute Planning Sublevel Cave for Syama Underground

Resolute Mining has reported the results of an updated prefeasibility study (PFS) for underground mine development below its current open-pit Syama gold mine in southern Mali. The updated PFS assumes development of a large-scale sublevel caving operation and confirms that an early move to underground mining in 2016 will produce robust economic returns.

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