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Mining & Mineral Processing Southern Africa

Mining Projects

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MASHAVA Texus 8 Gold Mine 38 ha

Mine Tailings Evaluation for Gold at Mashava, Masavingo Province And Bemas, Bulawayo Province, Zimbabwe Shaurya Resources, Harare

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Findings from studies conducted at Mashava and Bemas mine tailings.

Here’s a summary of the key points:

1. **Total Reserves and Economic Values**: The studies identified the total reserves of the tailings and their current economic values.

2. **Economics of Extraction**: The economic feasibility of extracting resources from the tailings was analyzed.

3. **Metallurgical Tests at Mashava Mine**: These tests identified the required process technology and machinery for CIL-CIP (Carbon-in-Leach, Carbon-in-Pulp) and electrowinning units.

4. **Lack of Gravity Separation Simulations**: The absence of gravity separation simulations has hindered the optimal selection of machinery and the determination of gold recovery levels.

5. **Project Components**: The studies also outlined general project components, including area accessibility, weather and rainfall data, and the history of gold mining from a foreign investor’s perspective.

This comprehensive approach highlights the potential and challenges of the mining project, emphasizing the need for further simulations to optimize gold recovery and machinery selection.

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Full compliance paper work available on meeting with owner.

Full report available on request

Location: Bolayo Zimbabwe

Clicl here for full report
Gold Mine Share are being sold by Deceased member

Location: Bulawayo Zimbabwe

Click here for full report

Investment Opportunity: Sefwi-Esaase Prospecting License

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Location: Ghana
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Overview


Location: NW edge of the Sefwi-Bibiani Greenstone Belt

License Holder: HIMEROS MINING Limited License

Term: 3 years starting from 11th May, 2020

Financial Projections


Revenue: Estimated at US$92.9 million over 12 years.

Net Profit: US$19.9 million over the project life.

Net Cash Flow: US$19.88 million over 12 years.

Net Present Value (NPV): US$9.13 million.

Internal Rate of Return (IRR): 36%.

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MINE FACILITY LAYOUT PLAN

Project Details


Exploration: 180 pits dug to evaluate gold content, distribution, and quantity of gold-bearing gravels.

Reserve Estimates: 3,422,005m³ @ 0.55g/m³, totaling approximately 62,830 ounces of gold.

Prospects: Esaase West, Esaase Central, Esaase East, Esaase South East.

Investment Opportunities


Joint Venture Benefits:

Shared investment costs, shared risks, and combined expertise.

Requirements: Detailed terms and conditions to be negotiated.

Outright Sale Benefits: Immediate financial return for HIMEROS MINING Limited.

Requirements: Potential buyers to meet financial and operational criteria.

Mining and Processing


Mining Methods: Use of dozers, excavators, and dump trucks.

Processing Plant: Gravity treatment plant powered by a 250KVA diesel generator.

Life of Mine: Estimated at 12 years.

Total Project Cost: Estimated at US$5.91 million.

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SEFWI-ESAASE ALLUVIAL GOLD PROJECT MINERAL RESERVE ESTIMATE
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HIMEROS MINING CORPORATE RESETTLEMENT PROGRAM
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6 thoughts on “Mining Projects

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