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The total capital cost for the processing plant and related facilities is estimated to be approximately 464.5m South African Rand (ZAR). In addition, pre-production capitalised mining expenditure for the open-pit is being estimated at ZAR200m.Fote Mining Machinery Co. Working capital is estimated to be approximately ZAR47.0m.
Mar 18, 2016 The cost data above referred to has been compiled from actual operating results and shows the cost of milling both for the old 50-ton plant and the new 100 ton concentrator, as is now in use. Note the reduction in milling costs through the use of the new flowsheet which includes an 8-cell “Sub-A” Flotation Machine.
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Tropicana is a joint venture between AngloGold Ashanti Australia Ltd (70%) which manages the mines, and Regis Resources Ltd (30%). Open pit and underground mining is carried out by Macmahon under an alliance contract. Open pit mining uses conventional drill and blast and load and haul methods, while underground mining uses jumbo development and ...
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The shaft will be located between the AR Main and AR South ore bodies, in the middle of Blanket’s mining area. Construction on the shaft is expected to commence in July 2015, following completion of the Tramming Loop. The capital cost of the Central Shaft is expected to be approximately US$23 million.
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