Tag Archives: DFS

Euro Sun Mining taps SENET for Rovina Valley project DFS

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

Euro Sun Mining says it has given DRA Group’s SENET the task of delivering a definitive feasibility study on the Rovina Valley Project, in Romania.

SENET, a leading project management and engineering firm in the field of mineral processing, has completed in excess of 200 projects and facilities, as well as over 300 studies, in which the scope of work has included a variety of mineral/metallurgical process plants, crushing and screening plants and bulk materials handling facilities for mining and industrial applications, according to Euro Sun.

The engineering firm will oversee and consolidate studies from a number of industry experts to fast-track the study in order for Euro Sun to be able to start construction on its Rovina Mining License, Euro Sun said, adding that the study is expected to be completed by year end.

A February 2019 preliminary economic assessment on Rovina, which factored in only circa-29% of total mineral resources, estimated average annual production of 139,000 oz of gold-equivalent over a 12-year mine life. This came with a capital expenditure bill of $339.7 million, including $264 million for a central plant built for all three deposits.

The company is targeting an 18-year mine life, with initial capital expenditure in line with the PEA, in this updated study.

Darren Naylor, Managing Director of SENET, said: “We are excited to be awarded the study on such an exciting project and are very excited about the prospect of supporting Euro Sun in delivering a world-class study. We believe that our track record in delivering projects on time and within budget will be mutually beneficial to SENET and Euro Sun and we look forward to a long and rewarding partnership.”

Sam Rasmussen, Chief Operating Officer of Euro Sun, said: “We are very pleased to have SENET on board. SENET has time and again delivered projects in remote countries, with logistical and cross-border challenges, and this is the type of expertise we require to take Rovina to the ‘ready for construction’ phase. SENET has a reputation for delivering projects on time and within budget and this is why we have appointed them on this project.”

GR Engineering gets the Abra lead-silver DFS gig

Base metals, Comminution of minerals, Mineral project development, Mining project news, Mining services, Precious metals, , , , , , ,

Galena Mining has retained Australia-based GR Engineering Services to carry out the bulk of the definitive feasibility study (DFS) on its Abra lead-silver project in Western Australia.

The engineering company will undertake key portions of the DFS related to plant design, capital and operating cost estimation, and process and non-process infrastructure evaluation.

The commencement of the study comes following an “excellent” prefeasibility study for Abra, according to Galena. This envisaged a 1.2 Mt/y underground mine and conventional flotation concentrator for the project, producing a high-grade lead-silver concentrate containing some 91,000 t/y of lead and 760,000 oz/y of silver over a 14-year mine life.

GR Engineering Managing Director, Geoff Jones said: “GR Engineering was involved in the Abra PFS and we are pleased to have been engaged to deliver key aspects of the DFS and to assist Galena to realise the significant potential of the Abra base metals project.”

The DFS is targeted for completion in mid-2019. In the meantime, Galena expects to make progress on a number of other milestones including an updated resource, a review of the Abra ore reserve and underground mine design/schedule, permitting, and continuation of discussions related to offtake and project finance.

Galena is targeting commencement of construction at Abra in 2019, followed by initial production in 2021 and the first full year of steady-state commercial output in 2022.

During the past 11 years, GR Engineering has completed more than 40 design and construction projects and over 160 feasibility studies including a number of Australia base metals projects, Galena said.