EPCM was appointed the Financial and Technical Advisors position to provide MJB Holdings with assistance in the development of the Three Cheers Mine in Harare, Zimbabwe. The CIP plant has a capacity of 10 tons/hour with a gold yield recovery efficiency of 85%. Zimbabwe’s gold grade typically varies between 1 – 12.8 g/ton, with a national average of 3.5 g/ton.
The project scope includes financial assistance in terms of detailed CAPEX and OPEX estimations with financial and economical evaluations. The scope also includes providing detailed on-site technical assistance with the daily operations of the open cast mining process as well as the gold CIP plant.
The project is divided into distinct areas namely:
- Bankable Feasibility study;
- Mine Site Development including various metallurgical tests;
- Financial Evaluations; and
- Technical and Financial assistance with daily on-site operations including continuous assessment of: Operation Costs, Plant optimization, Plant functionality and Gold yield recovery
Client
MJB Holding
Location
Harare, Zimbabwe
Date
June 2017
Contract
Financial and Technical Advisors
