Canadian Mining Journal

News

GOLD: Endeavour pours first gold at Ity CIL project



The first doré bars poured from the Ity CIL plant contain about 1,800 oz. of gold> (Image: Endeavour Mining)

COTE D’IVOIRE – Endeavour Mining Corp. of London, U.K., has poured its first doré bar from its Ity carbon-in-leach project four months earlier than planned and well under it $412 million budget. The bar contains about 1,800 oz. of gold.

The CIL plant is already running at its 4.0 million t/y capacity following the quick ramp up. Commercial production will probably be declared early in Q2 2019.

Endeavour has launched an optimization and de-bottlenecking program that is expected to boost throughput to 5.0 million t/y at a minimal cost of $10 million to $15 million. To reach the higher throughput, the company is upgrading pipes and pumps and adding a second 50-tonne oxygen plant. No additions to the mining fleet are necessary.

When the upgrade is complete, Ity will have an annual output of 300,000 oz. of gold at an all-in sustaining cost of $525 to $590 per ounce. Additional costs for the plant upgrade as well as construction of a fuel farm, building exploration facilities and addition crop compensation and resettlement charges, the final cost of the CIL plant was $420 million.

Endeavour is planning a $11-million exploration program with about 71,000 metres of drilling with the aim of defining additional resources. The results will be posted as they become available at www.EndeavourMining.com.


Print this page

Related Posts



Have your say:

Your email address will not be published. Required fields are marked *

*