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MEI Online: Plant Operation News: Africa: June 24th 2003

 
 

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:: Construction Begins at Samira Hill

Etruscan Resources Inc. and Semafo Inc., the joint venture partners at the Samira Hill gold project in Niger, report that construction of a mine has begun. The US$27 million project is expected to be completed by the September quarter of 2004.

The open-pit and carbon-in-leach operation is planned to exploit reserves estimated at 10 Mt at an average grade of 2.21 g/t Au (assuming a gold price of US$325/oz), producing over 600,000 oz during a mine life of just over six years.

 

 

   

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