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MEI Online: Plant Operation News: Africa: February 14th 2003


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:: Tulawaka Feasibility Study

Northern Mining Explorations (MDN) reports that the feasibility study of the east zone deposit at Tulawaka, Tanzania, is nearly complete. The east zone contains an indicated gold resource of 780 000 ounces (1.7 Mt averaging 14.19 g/t). The study envisages a 1 kt/day open pit operation, with the ore being processed by a conventional gravity and carbon-in-leach circuit. Overall costs for developing a new mine are estimated at US$30.8 million. Tulawaka is a 30/70 joint venture between MDN and Pangea Goldfields, a wholly-owned subsidiary of Barrick Gold, the project operator.




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