Sei sulla pagina 1di 89

Projects & Studies

Ron Douglas EGM Projects

Project Portfolio significant opportunities

Cost over-run impacts can be significant


COMPANY

FEASIBILITY
BUDGET

ACTUAL /
FEASIBILITY

RAVENSTHORPE

BHP BILLITON

US$1.0Bn

210%

GALORE CREEK

TECK/NOVAGOLD

US$1.1Bn

450%

BODDINGTON

NEWMONT/
ANGLOGOLD

A$2.0Bn

190%

PROMINENT HILL

OXIANA (OZ)

A$690m

160%

LIHIR EXPANSION

LIHIR

US$500-550m

140%

PROJECT

Source : Company & Media Reports

Most large-scale transformation projects fail


Large Programs
Success Rates

Why Projects /
Programs Fail
Others

Successful
Technical Problems
16%

Problems with
Suppliers
Insufficient Project
Personnel Resources

53%
31%

11%
4%

4%
36%
10%

15%
20%

Cancelled
Under Perform

Ineffective Project
Planning
Poorly Defined or
Missing Project
Objectives

Source: Standish Group International, Survey from 2500 personnel attending project management training
4

Poor
Organization
and Project
Management
Practices

Capital Expenditure

Australian Commodities (Dec 2007)


Development Projects

Source: ABARE
Dec 07

Part 3
Pre-Feasibility
Standard

Part 8
Low Risk/Com
Standard

Part 4
Feasibility
Standard

Part 5
Functional
Execution
Documentation
Standard

L
in e v
es el
& 3
Pr
ac
Gu
id
el

Core Guidelines
& Practices

General Guidelines
& Supporting
Documents

Estimating
Guidelines &
Practices

Guidelines

Investment
Evaluation
Practices

Templates

Post
Investment
Review

Checklists

Gold Book Standard

ok
Bo

tic
es

Part 2
Concept
Standard

Part 7
M&A
Standard

d
ol
G

M
an

Part 6
Bus. Planning
Standard

d
ite
m
Li

da Le
to ve
ry l 2
St
an
da

rd

g
in
in
tM
es
cr

Part 1
Investment
Management
Policy

w
Ne

M
an Le
da ve
to l 1
ry
Po
l

ic

Newcrest Investment Management

Newcrest - mature imbedded delivery strategy


CONCEPT
CONCEPT

PRE--FEASIBILITY
PRE-FEASIBILITY

FEASIBILITY
FEASIBILITY

EXECUTION
EXECUTION

OPERATION
OPERATION

Principles of Newcrest Gold Standards

1.

Gate the right projects (Business context)

2.

Plan the path forward (Scope/contract style/schedule)

3.

Build the team (Alignment and Operational Integration)

4.

Monitor and Report (Scope and Change Management)

5.

Manage risk (Process driven)

Newcrest Growth Pipeline

CONCEPT

PRE-FEASIBILITY

FEASIBILITY

CONSTRUCTION

Namosi
Marsden
Wafi/Golpu
Cadia East Panel Cave
Telfer Trough Cave

Gosowong Expansion
Hidden Valley
Ridgeway Deeps

Projects In Study

Max Esparon GM Projects

Cadia East Underground


NEW SOUTH WALES

Cadia East key data


Gold
Mineral Resource
Ore Reserve

28Moz
15.8Moz

Copper
Mineral Resource
Ore Reserve

5.57Mt
2.68Mt

Pre-feasibility study completed December 08


World record underground development rates at low cost
First Production expected in 2011
Significant positive cashflows for +30yrs from 2012

Newcrest resource & reserve estimate as at 30 June 2008


11

CADIA EAST ore body location map


RW
RW Subsidence
Subsidence

Cadia
Cadia Extended
Extended

Cadia
Cadia Hill
Hill

Plant
Plant

12

Cadia
Cadia East
East
Orebody
Orebody

Cadia East ore body diagrammatic

Ridgeway Sublevel
Cave
Cadia Hill

Ridgeway Deeps
Block Cave

Cadia East
Panel Cave

Resource of 83 million gold equivalent ounces


(Approximation calculated at Gold: US$600 per ounce; Copper: US$1.70 per pound)

13

Cadia East pictorial access and mining approach


Surface

Investigation
Drives

Cadia Hill Pit

CEU De
cline

1200m
Current Decline
Phase Position

Lift 0

400m
Orebody
Open

Lift 1

4650RL

Orebody
Open

400m

Lift 2

17
14

4250RL

Orebody
Open

Cadia East proposed project


Australias largest underground mine
and first application of Panel Caving
mining:
Main

Dec
line

Con
veyo
r De
cline

Vent
Raises

Lift 0

Lift 1

Lift 2

15

26Mtpa mining rate


3 x 400m lifts
220km of lateral development
20km of vertical development
90 extraction drives
2,876 draw points
Material handling by conveyor belt

Depth of the extraction levels: Lift 0:


800m, Lift 1: 1,200m and Lift 2:
1,600m

Overview

Investigation
Drives Lift 0

Main D
ecline

Investigation
Drives Lift 1
Co

nve
yor
D

Lift 0
ecl
ine

Lift 1

Lift 2

16

Conveyor System Overview

Portal

Lift 0

Lift 1

Lift 2

17

Lift 1 Extraction Level


Crusher
locations

Crusher
locations

18

Mine Configuration Alternatives Flowchart


Mining Method

Trough Cave

Production Rate

Vertical Ore Handling

26 Mtpa

Lateral Ore Handling

Automated LHDs

Sizers Inside Footprint


(EL)
Panzers

Cadia East
PFS

Underground
Panel Cave
3 Lifts 0, 1, 2

21Mtpa

Conveyor

Electric LHDs
Crushers Outside
Footprint (EL)
Trunk Conveyors

13 / 21Mtpa

Conveyor / Shaft
Hybrid

Diesel LHDs

13 Mtpa

Shaft

Trains/ Trucks

Underground
Panel Cave
& Open Pit

Underground
Block Cave

Underground
Sub-Level Cave

Benefits:
Low mining cost
Maximise resource use
High prodn rate
Similarities:
All based on caving
Penalties:
Interaction of devpt &
mining

Benefits:
Gold prodn target
575,000 oz pa
Higher rates maximise
NPV
Within known
infrastructure limits
Similarities:
All based on caving
Penalties:
Interaction of devpt &
mining

19

Benefits:
Capacity to meet prodn
uplift 26 Mtpa
Proven technology
Low net cost

Benefits:
Proven technology
Reduced excavation
costs
Lower emissions

Similarities:
Functionality & reliability

Similarities:
Interaction of LHDs &
crushers

Penalties:
Ventilation

Penalties:
Uplift may provide
more efficient/ lower
cost operations

Processing and Infrastructure Configuration


Alternatives Flowchart
Processing
Base Case 27 Mtpa

Processing
Uplift Case 32 Mtpa

New 8 Mtpa Mill +


Expansion LG Mill
to 18 Mtpa

Power

Augment feeder
lines

Water

Wyangala Pipeline
Offstream storage
Effluent Supplies

Tailings Disposal

New Tailings
Dams: to extend
past 2030 or for >
27 Mtpa

Tailings
Dewatering

Cadia East
PFS

132kV
Augmentation

New 8 Mtpa Mill

Expansion of LG
Mill to 18 Mtpa

2 New 8 Mtpa
Mills

Belubula +
15m URCD +
Backbone Pipeline

Expansion of
NTSF + STSF

Gas Power Station

Alternative
Renewable
Energy Solutions

Benefits:
New Mill provides
information for
debottlenecking LG
Mill min disrupt
HPGR technology:
incr tolerance of
frag. variation
Lower op costs
Similarities:
Ball mills & flotation
cells
Penalties:
Risk of new
technology

20

Benefits:
Lower capital cost
Info processing ore
in New Mill used to
plan expansion &
debottlenecking

Similarities:
Ball mills & flotation
cells
Penalties:
Miss savings
afforded by dupln

Benefits:
Low capital cost
Opportunity to work
with electricity
supplier

Benefits:
Development of and
operation of assets
controlled by
Newcrest

Benefits:
Continuation of
existing operations
Opportunity to
investigate new
technologies such
as thickened tailings

Similarities:
Electricity is
essentially a
commodity

Similarities:
Water processing
requirements similar

Similarities:
Based on NTSF &
STSF

Penalties:
Potential to expand
capacity of on-site
assets is limited

Penalties:
High cost of
installing new
tailings dams in
2030

Penalties:
Reliance on
Network
Service Provider

Cadia East proposed ore processing

21

Power
CH t CE

22

32Mtpa

Water
Annual
Production

23

(Mtpa)

Plant
Water
Demand
(ML/day)

Thickener
Water
Recovery
(ML/day)

Tailings
Return
Water
(ML/day)

Make-up
Water
(ML/day)

22.5

110

62

28

20

Current

24

117

66

30

21

Improved water
management

27

132

74

34

24

Additional on-site
water storage

32

156

88

40

28

Additional storage
and makeup

Comments

Cadia East project milestones

24

Study

Forecast

Actual

Concept

Dec 2005

Pre-Feasibility + Access

Dec 2008

Feasibility + Access

Dec 2009

Permitting

Dec 2009

Project

Forecast

Project Approval

Feb 2010

Commence Undercutting

2011

Ore Production

2012

Actual

Cadia East - world class development rates


World Record Development
Rates & Costs
350

311

metres advanced per month

300

260
250
200

170

150
100
50
0
Industry Average

A$ per metre of underground development

7000

Cadia East Average over 9


months (Sept - May 08)

Cadia East May 2008

6500

6000
5000

4500

4000
3000
2000
1000
0
Industry Average

25

Cadia East Average

Industry Recognition

Cadia Valley - production profile


34.0
32.0
30.0
28.0
26.0

Ore Milled (Mt)

24.0
22.0
20.0

Cadia East

18.0

Cadia Hill

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0

Ridgeway Deeps

Ridgeway Deeps 2

Ridgeway

FY
2009
Gold Production
+500
Koz
Copper Production kt +55

26

2010

2011
+575

2012

2013

+75

2014
+650

2015

2016
+750

+90

2017

2018

+105

2019

2020

Namosi Concept Study

Namosi sound basis

Tenements
Namosi Project area the subject of Special
Prospecting Licence (SPL) 1420
Joint Venture for Development
Newcrest, Mitsubishi, Nittetsu

Community
Good relations with local community
Government supportive and promoting

28

Namosi - mineral resource estimation


Waisoi - Tonnage Grade Curve
1.20

2,500,000,000

1.00

2,000,000,000

Grade

1,500,000,000
0.60
1,000,000,000
0.40
500,000,000

0.20

0.00
0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

Cutoff (Cu%)
Cu (%)

29

Au (g/t)

Tonnes

0.8

0.9

1.0

Tonnes

0.80

Namosi - site location and layout


Process Water Storage
Tailings Storage
Facility
Waste Rock Dumps
Waisoi Open Pits

Concentrator

Access Road and


Infrastructure Corridor
Viti Levu
Island
WAISOI
NADI

DEPOSITS

Boundary of
Exploration
Tenements
50 km (SPL1367)

SUVA

Filter Plant and Power Station


Port

30

Namosi - mining study approach

Resource characterisation:
Large tonnage porphyry copper-gold
Shallow with a very low open pit strip ratio
Low metal grades - bulk mining methods
Steep terrain and very high rainfall

31

Options Evaluated

32

Process Plant Layout

33

Geothermal and hydro-electricity potential


Labasa area
Nadarivatu - Geo 100Mw potential
45Mw H project

Monasavu
80Mw H existing

Savu Savu area


Geo 200Mw potential

Waisoi
Deposits
Navua River
75Mw H potential

34

Wainavadu & Sovi Areas


25Mw H potential

Wafi Concept Study

Wafi concept development


Supplementary pit concept
600

Wafi

Gold Cap
400

Supergene

200

Higher grade Link


Zone low capital,
starting opportunities
Block caving
concept being
refined

Mineralised
Metasediments
-200

Golpu
Porphyry

36

Wafi Golpu

Source: http://www.harmony.co.za/im/files/presentations/PNG_conference_30oct07.pdf

37

Wafi Golpu
Area history
Previous work concentrated on large scale entry into the area focussing
on Golpu gold/copper deposit
Significant capital expenditure

Current approach
Establish beach head project enabling further exploration and study of
the district whilst generating cash
Minimise upfront capital and project risk
Concentrate on gold only operations initially so that large gold/copper
systems can be better understood

38

Project Opportunities

Link and NRG combinations


Pit only oxide ore gold option
Pit and Underground refractory ores
CIL circuit supplemented with low cost bio heap technology for refractory
ore

Nambonga
Exploration stage
Multiple processing and mining opportunities

39

Telfer
WESTERN AUSTRALIA

Telfer bulk mining study


Project scope

Project status

Investigate bulk mining methods to


apply to Telfer Deeps that will:

Finalising mining alternatives and


designs
Completing geotechnical
investigations and modeling
Commenced financial modelling and
risk assessment

Reduce mining costs


Maintain production continuity
Enhance reserves ounces

Target Area
11Mt mine planning reserve
Low grade SLC reserves
and residual cave stocks

41

Telfer trough cave


Conversion of Telfer SLC to
Trough Cave once mining of
I30 reef completed
Advantages over block cave:
30 40% reduction in
development costs
Simplified construction
Faster establishment of draw
points and undercut
Similar recoveries

42

Technology management is important


In Place at Newcrest
Mass Mining (low cost base)

Sub level Cave Block Cave Panel Cave ( Trough Cave)


RWD Pre-conditioning, CEU Ore-handling, Telfer trough caving

Rapid Cave Establishment: Cadia East

Automated mining: RWD LHDs

Relationships: UQ MMT, CRC, CODELCO, AMIRA


Being initiated
Remote Operating Centres.
Processing: Dump leaching, metal production, mine to mill sizing

43

Caving Expertise

German Flores
CVO Cadia East
Underground Pre-Feasibility Study Manager

Trends in Block/Panel Caving Methods

45

1.

The mining industry could be


producing
more
ore
from
underground than from open pits in
the next 10 to 15 years time

2.

Caving techniques offer step


change, competitive advantages due
to the low mining cost and high
production rate

Trends in Block/Panel Caving Methods


Surface

Cadia Hill Pit

New competitive technologies:

New applications to:

46

Rapid mining at twice Year 2000 rates


Increased Automation: factory concepts and miner-less
Continuous Mining
Factory like, underground layouts and materials handling

Stronger, less easily cave-able orebodies


Deeper orebodies (including blind deposits)
Lower grade orebodies
Larger extraction heights (from 400 to 800m)
Transitioning from large open pits

Changing demands on, and skill sets of,


managers, engineers and operators

1200m
800m

Lift 0

Lift 1
1600 m
Lift 2

Caving Technology Evolution


BEFORE 1980

Weak ore

BC - Fully manual operation


Small extraction layout/drives
Short round (max 1.8m)
Dynamite/Fire detonators

FROM 1980 to 2000


PC - Diesel LHD with operators (5 to 7t)
Longer round (2.4 to 3.0m) with Anfo & Non-ED
Rock breaker with ore passes and grizzles
Truck or train/centralised underground crusher (gyro)
New US (pre and advanced undercut)
Bigger drives and extraction layout
New ground support concepts
Seismic monitoring

47

Deeper
and harder
ore

Caving Technology Evolution


FROM 2000 to 2012
Panel caving/Trough caving
Automated diesel/electric LHD (9 to 20t)
Longer round (3.0 to 6.0m)
Distributed UG crusher (jaw) & conveyors
New MHS concepts/Preconditioning
Rapid Dev in a single/multiple headings
Much bigger drives and extraction layout
New explosives (emulsion) & ED

FROM 2012
New exploitation concepts
Mechanical excavation
Continuous mining
Full automated mine
Remote operation centre

48

Much deeper
and harder
ore

Preconditioning : A Step Change Enabler


Ridgeway Deeps Project & Cadia East Base Design
Rock mass weakening
by hydrofracturing
and/or drilling &
blasting techniques

Very strong and competent rock


mass with a few joint sets

Preconditioned rock mass

Undercut level
Extraction level

Pre-conditioning is a process implemented before the initiation of caving to alter the inherent characteristics of the
target rock mass to enhance its caving and fragmentation characteristics.

49

Rapid Development: A Step Change Enabler


Atlas-Copco L2C30 Jumbo

20 t Toro 0011 LHD

Atlas-Copco L2C30 Jumbo

Schaeff Tunnel header

3
MR 620 Roadheader
50

MR 620 Roadheader

Ridgeway Deeps
NEW SOUTH WALES

Ridgeway Deeps approved business case


Implementation Capital A$545M
Cash cost A$82/oz after byproduct credits (at copper price of
US$1.50/lb)
Production profile over 8 years
Gold ~ 1.6 Moz
Copper ~ 210 kt
Production commences mid 2009

52

Potential for 2nd Block Cave

Ridgeway Deeps ore body and development

53

Ridgeway Deeps - extraction level layout

54

Ridgeway Deeps - extraction Drive & drawpoints

55

Ridgeway Deeps conveyor infrastructure processing

56

Secondary crusher installation

57

Ridgeway Deeps development progress


1,500

25,000
24,000
23,000
22,000
21,000
20,000
19,000
18,000
17,000
16,000
15,000
14,000
13,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
-

1,400
1,300
1,200
1,100

M developed

1,000
900
800
700
600
500
400
300
200
100

Month
CAR Baseline

58

Actual

CAR Baseline Cum

Actual Cum

Jan-10

Dec-09

Nov-09

Oct-09

Sep-09

Aug-09

Jul-09

Jun-09

May-09

Apr-09

Mar-09

Feb-09

Jan-09

Dec-08

Nov-08

Oct-08

Sep-08

Aug-08

Jul-08

Jun-08

May-08

Apr-08

Mar-08

Feb-08

Jan-08

Dec-07

Nov-07

Oct-07

Sep-07

Aug-07

Jul-07

Cumulative development

Ridgeway Deeps - Horizontal Development KPI Chart

Ridgeway Deeps - on schedule and budget


Project on schedule and budget
Over 90% capital committed
Design 100% complete
Mine development is over 50% complete

Definitive Estimate confirmed budget


Total Project 45% complete

59

Ridgeway Deeps - conveyor decline complete

60

Ridgeway Deeps - changing rock characteristics

Hydrofracturing
managing outcomes

Manguera

Chamber to

High
Alta pressure
Presin
pipe

Amortiguador
maintain a de
Pulsaciones

constant pressure

flujo agua

Valvula Alivio
de Presin

Multiple piston
pump

Water
flow

Bomba Triplex 200 l/m 35 MPa


Sensor
de Presin
Injection
pressure
de Inyeccin

flujo agua

Flow
controlde Flujo
Medidor
device
(flowmeter)

Water
flow

transducer

Manguera Packer
Transductor de
Flow
Flujotransducer

Barra BRQ
Alta Presin

flujo agua

Sensor de
Presion Packer

Bom
ba de
Centrifug
cebado

al pump
flujo agua

Estanque

Water
de Agua
tank

Packer
Bom ba Inflado
Pump
to
del
Packer

Data recorder
Registro
Digital
Proceso
Bombeo
duringdethe
(presin, flujo)

pumping
process
(pressure, flow)

61

fix the
packers
(inflation)

Water
Salida Agua
pressure
a Presin
output which
generate the
fracture Packer

Straddle
packer
system

Ridgeway Deeps - moving to automation

Automated Loaders
Ore Handling from control centre
Remote monitoring
Integrated information systems

62

Ridgeway Deeps - milestones being met

Activity

Planned

Actual

Stage 1
Project Approved

June 2007

Extraction Level Development Commences

September 2007

Undercut Production Commences

April 2008

Eastern Crusher & Conveyors commissioned

July 09

Stage 2

63

Western Crusher commissioned

September 2009

EPCM scope complete

December 2009

Ridgeway Deeps - risk management is important


Risk Driver

Key Controls

Project Delivery

EPCM system
Dedicated & Integrated project team
Directly doing core mining work

Committed
Committed
Committed

Production Continuity

Specific investigations & Analysis


Generated surplus mine production
capacity.
Cave Management

In progress
In progress

Preconditioning
Cave Management
Large Span
Tough segment first
Industrial Engineering

Committed
Committed
Committed
Committed
Committed

Cave Propagation

64

Status

Committed

Gosowong
INDONESIA

Gosowong - Kencana Location

Gosowong Pit
Toguraci Pit

Kencana Underground

Portal

66

Gosowong - geology
Kencana

High grade, low sulphidation (LS) epithermal Au / Ag system


Hosted in Gosowong Formation rocks. Basaltic-andesitic lavas with
interbedded volcanogenic mudstone and sandstone
Same host as Gosowong and Toguraci deposits
LS epithermal deposits form in fields typically not in isolation

1700g/t Au, 650g/t Ag

67

Gosowong - growth history


Gosowong District Production and Reserves Growth
5.0
K2 Reserve Addition

4.5

K2 / K Link Resource Additions

4.0

K1 Reserve & Resource Addition

3.5

K1 Resource Addition

Moz Au

3.0
2.5
2.0
1.5
1.0
0.5
0.0
Gold Outside Reserves

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

0.77

0.09

0.12

0.10

0.01

0.10

0.11

1.20

1.44

1.94

0.80

0.47

0.78

0.75

0.43

0.28

0.29

0.25

0.28

1.05

1.27

2.40

2.34

0.275

0.502

0.734

0.772

0.852

1.075

1.262

1.609

2.038

Gold Reserves

Cumulative Gold Production

Year

68

Gosowong - Kencana model

K1

K2

K-Link

69

Gosowong - expansion project


Key Project Parameters
Gold

production targeting >400,000oz per annum

UG mining method to remain unchanged


Mineralogy and metallurgy remain the same

70

K1 (existing) in Yellow
K2 & Klink (expansion) in red

Gosowong mine design


Life of Mine Design (Feasibility Study Design)

K1
K2

K1 Decline
(End of Sept)

K2

KLKLink
Klink Decline
(End of Sept)

71

K1

Gosowong - business improvement process plant


Mill Throughput
55.0

Cyclone Optimisation &


Additional Water
Supply/Optimisation

Ongoing Optimisation of
Ball Mill, SAG feed size and
cyclone efficiency

Tonnage per Hour

50.0

45.0

Classification System
Upgrade
(AUD$332k Capex)
40.0

Trunnion Magnet Installation


(AUD$285k Capex)
35.0

30.0

Re-crushing before Mill


Input & Improved
Blending Strategy
25.0
Dec-07

Jan-08

Feb-08

Mar-08

Apr-08

May-08

Jun-08

Jul-08

Aug-08

End of Month
30 Day Moving Average

72

Step Changes

Sep-08

Oct-08

Gosowong increasing recoveries and throughput

Tertiary Mill

73

Will achieve 30m @ 50tph and up to


95% recovery
Second Hand Mill
Scheduled completion by March 2009

Gosowong - expansion project schedule


Schedule of Key Stages

Schedule

Actual

Pre-feasibility Study complete

March 2008

Mining (pre commitment)

March 2008

Mill Debottlenecking (Rate 45tph)

June 2008

Complete Feasibility Study

Jan 2009

March 2009

Targeted Production Rate (50tph)

74

Tertiary Mill Production

April 2009

High Grade Ore production from K2

May 2009

Gosowong expansion facilities layout


New CCD Area
New Mills
Scrubbing /
Screening and
Crushing

Power-House

75

75

Gosowong - leach and washing Area

76

76

Gosowong - has geothermal potential

77

Hidden Valley
PAPUA NEW GUINEA

Hidden Valley
1984 - CRA defined Hidden Valley resource
1987 - Hamata deposit discovered by RGC
1998 - Aurora Gold acquired and completed
a pre-feasibility study
2003 - Morobe Consolidated Goldfields reevaluation of Hidden Valley and Hamata
2005 - Licence to mine issued by PNG Govt
2005 Construction of access road
commenced
2006 - Updated feasibility study completed
2007 - Construction activities commenced

(1) Harmony Gold Mining Company Limited. JORC


compliant estimate as at 30 June 2007. For
details refer to Harmony website.

79

Hidden Valley

80

Development
New mine development in
PNGs Morobe Province

Hamata
Pit

Tailings dam
construction

Processing
facility

JV with Harmony Gold Mining


PNGs first major new mine
development in 15 years
Project in construction
Production scheduled mid-2009
Average annual production of
250koz Au & 3.6 Moz Ag
14 year mine life

Hidden
Valley Pit

81

Project Status
62% capital committed
Total project construction 64%
complete
Key activities to date
commenced pre-stripping of pits
constructing tailings dam
construction of village, mess and
workshops
earth works & civils for
processing facility
Construction process plant

82

Operations
Distance to Lae: 90 km
Road travel time to Lae: 4 hr
Hidden Valley pit at 2,700m ASL
Treatment plant at 2,040m ASL
Overland pipe conveyor:
11m SAG mill (2 x 5Mw)
Initial power from 19 on-site
diesel generator sets
Permanent power from Ramu
river hydro-generators

83

Ridgeline village & workshops

84

Process plant progress

85

Process plant progress

86

Process plant progress

87

Successful Landowner Association


Nakuwi Landowner Association in place
(Nauti, Kweembu, Winima)
Nakuwi has formed business (NKW)
NKW participants in mine related
business
Strong community programmes
High National employment levels

88

Opportunity to grow
Large existing resource and high
prospectively

Hamanta
HamantaPit
Pit

Processing

Yafo
Yafo
East
EastMine
Mine Site
Site

Expansion of existing plant

Power

Hidden
Hidden
Valley
ValleyPit
Pit

19 Gensets for initial 12 month operation


18Mw from Yonki Hydro Power Station

Phema
Phema

Bulldog
Bulldog

Nosave
Nosave

Tailings
Additional sites identified

Puruwang
Puruwang
Big
Big Wau
Wau

Awei
Awei Tuwe
Tuwe
Apu
Apu

Upper
Upper Bulolo
Bulolo

Tais
Tais Ck
Ck
Salemba
Salemba

89

Potrebbero piacerti anche