THE MINING EXECUTIVE MAGAZINE JANUARY/FEBRUARY 2020 EDITION
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America. Website: www.theminingexecutive.com Email: info@theminingexecutive.com
The Mining Executive Magazine is a premium, daily dose of executive centred news and discussion platform spanning across major resources industry sectors. The Magazine monitors and distil executives’ pulse in order to create a 21st-century Industry 4.0 adaptive knowledge ecosystem for the sustainability of future generations within mining, oil and gas fields. With thousands of executives on our radar, we are truly a global executive leader hence are viewed as the authoritative voice of reason. We dig deep into what happens behind closed boardroom doors and unearth critical signals and directions affecting the sustainability of our beloved industry. Our content comes from Technical journalists, Mining Executives, Subject Matter Experts, Academics, Analysts and seasoned professionals and, is regulated by a dedicated team of Editors and Journalist having deep technical and practical field experience to ensure accuracy and factual reporting across Australia, Asia/Pacific/ Europe/ Africa/Middle East, North America and South America.
Website: www.theminingexecutive.com
Email: info@theminingexecutive.com
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The
MINING EXECUTIVE
Magazine FEBRUARY 2020
The mine is set to be mined in phases to optimize mining productivity and expenditure kicking off with a 13-year stage 1 pit earmarked for 2021
production at 2Mtpa with the subsequent stages and underground operations scoping stages on the tail. Development of the mine and processing
facilities will be enhanced by the substantial existing infrastructure in place which where possible, will be utilized or re-purposed with modern
mining and processing technologies. The pit will be mined to a depth of 270m below the existing floor. John Lamb, Chairman and CEO, commented:
“The Starter Pit fulfils its purpose with distinction; establishing a low-cost long-life mining operation which achieves an early payback on life of
mine infrastructure expenditure and provides access to underground ore sources for future mining operations.”
Bawdwin Joint Venture Resource Layout (Credit: Myanmar Metals)
Processing will be trough the convectional milling, sulphide floatation and filtration techniques with dry stack tailings to generate a target of 80Ktpa
zinc and 180Ktpa lead, silver concentrates. This John Lamb led lead/silver/zinc gem will definitely put Myanmar's mining industry back on rack and
potentially unlock some key investment.
Some of the striking financial outcomes of the Starter Pit project are as indicated below;
JORC Probable Ore Reserve of 18.4 Mt at 6.4% lead, 169 g/t silver and 3.4% zinc.
NPV US$580 Million (8% Real Discount Rate -100%Basis)
Internal Rate of Return (IRR)- 30%
Payback Period - 4years
Capital Expenditure- US$ 267 Million (with US$33 Million contingency)
Operating Costs: US$108/t processed
MINING GLOBAL DECISIONS IN YOUR PALMS
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