B2Gold Namibia says construction is in full swing at the Otjikoto gold mining site. The construction phase of the project remains on schedule to produce gold later this year.
Excavation at the mill area is complete. A total of about 15 000 cubic metres of concrete will be poured during the construction project of which 10 500 cubic metres has been poured to date. The mill and mining offices have already been completed and construction of other administration buildings continues.
Mill construction activities are progressing well with 7 500 cubic metres of concrete poured in this area, and four leach tanks and three Carbon-In-Pulp (CIP) tanks already erected. The tailings facility is materially complete, B2Gold said, after 1,5 million cubic meters of earth movement, and the placement of an impermeable liner to protect the environment.
To date, the pit area has been de-bushed and stripped of topsoil (100 000 tonnes) which is stockpiled for later re-vegetated after mine closure. The total volume of material moved from the pit area to date is approximately 4,7 million tonnes.
A construction camp about two kilometres northeast of the mine is operational until the end of the construction phase. It can house up to 800 workers, although much of the workforce comes from Otavi and Otjiwarongo and are bussed to the site daily.
In January the company announced an initial inferred resource estimate for the recently discovered Wolfshag zone of 6,8 million tonnes at 3,2 grammes per tonne (“g/t”) gold containing 703 000 ounces gold. The Wolfshag zone occurs directly adjacent to the east and northeast portion of the planned Otjikoto open pit which has an average grade of 1,42 g/t gold. This indicates the potential for future expansion of gold production and an increase in the mine life of the project.
The Otjikoto gold project is located approximately 300km north of Windhoek between Otjiwarongo and Otavi and is owned 90% by B2Gold and 10% by EVI Mining (Proprietary) Ltd, a Namibian empowerment group.
Construction commenced January 2013 and will continue into the fourth quarter of 2014. It is anticipated that gold will be produced during the fourth quarter of 2014 with a ramp up to full production in 2015. The project is expected to inject nearly N$4,3billion (US$400 million) into the country’s economy over its present envisaged life of 12 years.
Excavation at the mill area is complete. A total of about 15 000 cubic metres of concrete will be poured during the construction project of which 10 500 cubic metres has been poured to date. The mill and mining offices have already been completed and construction of other administration buildings continues.
Mill construction activities are progressing well with 7 500 cubic metres of concrete poured in this area, and four leach tanks and three Carbon-In-Pulp (CIP) tanks already erected. The tailings facility is materially complete, B2Gold said, after 1,5 million cubic meters of earth movement, and the placement of an impermeable liner to protect the environment.
To date, the pit area has been de-bushed and stripped of topsoil (100 000 tonnes) which is stockpiled for later re-vegetated after mine closure. The total volume of material moved from the pit area to date is approximately 4,7 million tonnes.
A construction camp about two kilometres northeast of the mine is operational until the end of the construction phase. It can house up to 800 workers, although much of the workforce comes from Otavi and Otjiwarongo and are bussed to the site daily.
In January the company announced an initial inferred resource estimate for the recently discovered Wolfshag zone of 6,8 million tonnes at 3,2 grammes per tonne (“g/t”) gold containing 703 000 ounces gold. The Wolfshag zone occurs directly adjacent to the east and northeast portion of the planned Otjikoto open pit which has an average grade of 1,42 g/t gold. This indicates the potential for future expansion of gold production and an increase in the mine life of the project.
The Otjikoto gold project is located approximately 300km north of Windhoek between Otjiwarongo and Otavi and is owned 90% by B2Gold and 10% by EVI Mining (Proprietary) Ltd, a Namibian empowerment group.
Construction commenced January 2013 and will continue into the fourth quarter of 2014. It is anticipated that gold will be produced during the fourth quarter of 2014 with a ramp up to full production in 2015. The project is expected to inject nearly N$4,3billion (US$400 million) into the country’s economy over its present envisaged life of 12 years.
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