Tag Archives: Alex Black

Rio2 to test Sixth Wave’s IXOS polymer tech at Fenix heap leach gold project

Metallurgy, Mineral processing, Mineral project development, Mining equipment, Mining services, Precious metals, , , , , , , ,

Sixth Wave Innovations Inc and Rio2 Ltd have executed a non-binding Letter of Intent for the trialling of Sixth Wave’s patented IXOS® purification polymer at the Fenix gold project in Chile.

Under the terms of the LOI, Rio2 will send representative ore samples from its Fenix project to Sixth Wave for testing and analysis in its Salt Lake City, Utah, facility. Sixth Wave will perform a combination of leaching and recovery tests using its IXOS technology on these samples consistent with protocols for the expected heap leach mining activity planned for Fenix.

Upon completion of the testing, to be performed in October, and pending positive results, the two companies will work to negotiate a definitive agreement to proceed to a complete on-site pilot adsorption/desorption/recovery (ADR) plant scaled to operate on a 400 t pilot leach pad.

A prefeasibility study on Fenix outlined a heap leach gold mine producing an average of 93,000 oz/y during the first 13 years and 50,000 oz/y during the final three years of production as stockpiled ore is being crushed and leached.

IXOS, meanwhile, has been demonstrated to capture up to 99% of gold from cyanide leach solutions in laboratory and mine site testing where the data was analysed by the mine operator, representing a material increase relative to activated carbon, which recovers between 85% and 95% of the gold, as reported by potential mining customers of IXOS. Additionally, the increased selectivity of IXOS results in the capture of fewer other competitive base metals, Sixth Wave says.

Testing at multiple mine sites has shown more than 90% gold purity captured on IXOS, as opposed to 40%-70% for those generated by activated carbon, resulting in efficiencies in the refining process used to generate higher purities of gold.

The objective of this work, from Rio2’s perspective, is to determine whether Sixth Wave’s IXOS technology can be successfully applied to enhance the extraction of gold from Fenix gold ore by using molecularly imprinted polymers rather than traditional carbon for the gold adsorption process.

If successful, the application of IXOS is expected to result in a reduction of capital expenditure and operating expenditure related to the gold extraction process.

Upon successful completion and positive results of the pilot program, the companies would then move to an implementation phase incorporating IXOS into the actual processing plant to be constructed at Fenix.

Dr Jon Gluckman, President and CEO of Sixth Wave Innovations Inc, said: “We are very excited about this project and working with Rio2. The IXOS process should excel in comparison to traditional activated carbon because of the high rejection of base metal and scaling and the smaller process plant required for IXOS. Substantially lower power consumption in the desorption and recovery stages, and no need for regeneration, will also play a large role in reduced opex.”

He added: “It is exciting to be involved with Rio2 at this phase of the Fenix gold project as it allows us the ability to optimise the design of the ADR circuit without having to worry about retrofit constraints.”

Alex Black, President and CEO of Rio2, said: “Rio2 is always looking to embrace and trial new technology with the objective of bringing enhanced value to our stakeholders through the reduced capex/opex opportunities that innovative technologies can bring.

“The Fenix gold project is currently the largest undeveloped gold heap leach project in the Americas and we look forward to working alongside Sixth Wave during the development phase of the project.”

Rio2 and STRACON establish mining and construction alliance for Fenix gold project

Mineral project development, Mining services, Precious metals, , , , , , , , , , , ,

Rio2 Ltd says it has taken another key step towards the development of its Fenix gold project, in Chile, by selecting STRACON SA as the lead mining services contractor for the project.

Both companies have executed an early contractor involvement (ECI) agreement for early works associated with contract mining services. Under the ECI agreement, the parties will work exclusively over the coming months to further optimise the mining and civil construction aspects of the project and conclude contract documentation.

The scope of the mining services contract will include mining of ore at the rate of 7.3 Mt/y (20,000 t/d), waste mining, drilling, blasting, hauling, supply of operating personnel and mining equipment, supervision and management, dust suppression and road maintenance. The scope also includes water transportation from Copiapó to the mine site and maintenance of the entire mobile fleet of equipment plus all pre-mining and civil construction activities including the construction of platforms, leach pad, ponds, access roads and waste material deposits.

The financial terms of the mining contract will use an alliancing-style commercial framework based on the mine plan, methodologies and productivity estimate assumptions contained in the prefeasibility study, which outlined a heap leach gold mine producing an average of 93,000 oz/y during the first 13 years and 50,000 oz/y during the final three years of production as stockpiled ore is being crushed and leached.

The environmental baseline study for the Environmental Impact Assessment (EIA) of the Fenix gold project has been progressing since November 2018. During 2019, engineering works and studies were completed for inclusion in the EIA. In January 2020, the information gathering stage for the baseline study was finalised, with the EIA completed and filed with the Environmental Impact Assessment System in the March quarter. Environmental approval is expected in the June quarter of 2021.

The preparation of sectorial permit applications is currently in process and will be submitted in conjunction with the filing of the EIA. The approval of sectorial permits is expected in the September quarter of 2021 and the start of earthworks for construction of the project is targeted for the December quarter of 2021.

The basis for Rio2 establishing a mining and construction alliance with STRACON at the Fenix gold project is a best for project business strategy, the company said. Together with STRACON, the Rio2 management team collaborated, implemented and executed with this same approach when they built and operated the La Arena and Shahuindo gold mines in Peru with Rio Alto Mining.

At Fenix, Rio2 and STRACON will work together as an integrated team, dedicated to exceeding goals, controlling budgets and adding value through exceptional performance while working in a safe and environmentally sustainable manner focused on every detail of the mining and construction process, Rio2 said.

“The alliance will implement an inclusive social policy as a priority based on the hiring of local personnel and service companies from Copiapó and the Atacama Region,” it added.

The payment model of an alliance includes reimbursement of 100% of contractor project costs plus a fee (corporate overheads and profit); a key performance indicator-based regime that rewards for outstanding performance and punishes poor performance; and unanimous, best for project, management and decision making and the selection of an integrated owner/contractor team on the basis of best person for each position and avoiding duplication of roles, Rio 2 said.

Alex Black, President and CEO of Rio2, said: “The signing of this ECI agreement with STRACON, a leading mining and civil construction contractor in Latin America, forms a key part of Rio2’s strategy to prepare for next year’s construction phase of our Fenix gold project.

“The Rio2 management team is pleased to work again with STRACON, this time in Chile, and look forward to further optimising the mining and construction solution for the project and finalising contract documentation in readiness for next year’s work program.”

Steve Dixon, Chief Executive Officer of STRACON, said: “The project will be delivered under a collaborative alliance agreement, a framework which has been successfully utilised over the past 10 years at several of STRACON’s projects throughout Latin America.”