Tag Archives: Goiás

Amarillo Gold powers up Posse gold development with Enel Brasil deal

Mineral project development, Mining services, Power supply for mines, Precious metals, , , , , , , ,

Amarillo Gold Corp says it has made a significant step toward building its Posse gold mine in Brazil, signing a commitment agreement with Enel Brasil, the state electric power utility, to build a dedicated power line to the company’s Mara Rosa Property in the State of Goiás.

Arão Portugal, Amarillo’s Country Manager for Brazil, said: “Once complete, this power line will be a much-needed lasting legacy, enhancing the power grid infrastructure of the communities in and around Mara Rosa. It also represents our commitment to operational excellence and building strong local infrastructure.”

The 67-km-long 138 kV power line will connect Posse with the Porangatu substation and supply all of the electricity needed for the project. Amarillo is overseeing the engineering and permitting process, assisted by Enel. Construction can start once the permit for the power line is received. It will cost about BRL36 million ($6.6 million) to build and is expected to take around 12 months.

A definitive positive feasibility study released in June showed that Posse is expected to produce gold at an all-in sustaining cost of $656/oz, based on a gold price of $1,730/oz and a foreign exchange rate of 5.3 BRL to one US dollar. It came with an initial mine life of 10 years, initial gold production of 104,000 oz/y, and an after-tax net present value (5% discount) of $360 million.

Mike Mutchler, Amarillo’s Chief Executive Officer, said of the power line progress: “We have achieved another important milestone in Posse’s development, even as we wait for the License to Install (LI) from the state regulators.”

The governor of the State of Goiás signalled work was progressing on finalising LIs for 14 mining projects in Goiás during a meeting announcing mining investment in the state on January 25.

Meanwhile, LQ Consulting and Management Inc has been hired as Amarillo’s project management team for Posse, and has begun work on a project execution plan that will help management re-evaluate the construction timeline.

Modular Mining wins DISPATCH and ProVision order from Anglo American at Barro Alto

Base metals, Equipment maintenance, IoT, Mine operation news, Mining equipment, Mining safety, Mining services, Mining software, , , ,

Modular Mining says it will implement its DISPATCH® Fleet Management and ProVision® Machine Guidance systems at Anglo American’s Barro Alto open-pit nickel mine, in Goiás, Brazil.

Anglo selected the DISPATCH and ProVision solutions to improve material blending, ore management and crusher throughput, the company said, adding that the solutions will reduce the ore dilution, boost blending of the ore directly from the pit into the crusher and optimise the fleet performance.

The DISPATCH Fleet Management System (FMS), chosen to replace the mine’s current competitive FMS at Barro Alto, will optimise the haulage fleet to increase productivity, Modular said. “The ProVision system will deliver high-precision navigation and machine guidance capabilities to the mine’s shovels; automating the management of material types, reducing the need for manual staking, and reducing the number of stockpiles. In addition, the ProVision system will provide real-time tonnage, volume, and grade metrics for any ore-bearing stockpile. Modular Mining’s Material Blending, Prestart, and Fuel Management modules, will extend the FMS’ equipment- and material management capabilities,” the company said.

Eduardo Caixeta, Manager, Barro Alto, said: “A number of factors contributed to our decision to partner with Modular Mining. In addition to their solid reputation with their fleet management and high-precision guidance technologies, the success that we have had with their solutions at our sister operation, at Minas Rio, played a key role in our decision. Another factor was Modular’s demonstrated commitment to performance, working with their customers to maximise the value from their solutions based on a mine’s specific goals.”

Airton de Sena, General Manager, Modular Mining, Brazil, said: “Modular has a long-standing relationship with Anglo in Brazil and we are excited to expand this relationship. Barro Alto is a leader in nickel mining, and this investment demonstrates their team’s commitment to maximizing returns through operational excellence and advanced technologies.”