development and mining contract in February | ||||
2017 following a competitive tender process. | ||||
PYBAR has recently introduced a second | ||||
jumbo to increase development rates, especially | ||||
on the 2225 and 2200 level. Sample stoping on | ||||
2225 and a gold stope on 2200 will occur soon | ||||
with a focus on drawpoint development and sublevel | ||||
cave initiation and growth to follow. | ||||
Production will ramp up during 2017, peaking in | ||||
early 2018. PYBAR will have a peak team of 72 | ||||
personnel at Mungana. | ||||
The zinc-rich King Vol polymetallic base metal | ||||
deposit is located 25 km northwest of the | ||||
Mungana mine site. The King Vol deposit was | ||||
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first mined in 1922 from shallow underground workings. The records indicate that about 2,200 t of ore was produced before groundwater stopped the mine in 1925. Modern exploration in the King Vol area recommenced in the late 1960s and carried on under numerous owners until 2015 when Auctus acquired the project.
Auctus has since reached a number of development milestones, awarding the five year mining and development contract to PYBAR in February 2017 following a competitive tender process. Since mobilising to site on 1 February, PYBAR has established the portal and ground support, developed the first 40 m of the decline, and established the explosive magazines, temporary workshop and offices. Over the coming months the permanent offices, workshop,
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ablutions, batch plant and sewerage treatment plant will be established, as well as pushing the decline down and developing the first levels to begin production in the second half of this year. PYBAR will have a peak team of 83 personnel at King Vol with equipment currently on site comprising a twin boom jumbo, LHD trucks, shotcreting and ancillary gear.
PYBAR CEO Paul Rouse said:“ The award of the Mungana and King Vol contracts is significant for PYBAR. Along with our recent contract award at Thalanga and long standing partnership at Mt Isa, we are re-establishing our presence at underground projects in Queensland as we enter a new nation-wide phase of growth.
“ Our focus at these sites, and operations-wide, is on building a close working relationship with
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African Underground Mining Services( AUMS), a 50:50 JV between Ausdrill and Barminco Holdings, recently announced that it has been awarded the Subika underground mining contract with Newmont Ghana Gold at the Ahafo complex in Ghana. The contract is a five-year term to supply all underground mining services for the Subika underground mine,
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including development and production activities, diamond |
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Wilsonville, Oregon USA
Tel + 1( 503) 682-1001 info @ rockmore-intl. com
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Judenburg, Austria
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drilling and associated services. The contract has an estimated value of $ 280 million. |
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