Mining reported that First Bauxite Corporation has entered into an agreement with Met Chem Canada Inc of Montreal whereby Met Chem has been engaged to conduct a full feasibility study of the company's 100% owned Bonasika bauxite deposits in Guyana.
First Bauxite had previously been conducting a pre feasibility study and had engaged Aluminpro to conduct ore resource and reserve and mine planning studies and Met Chem to supervise its wash plant and ore processing test work. The company has now made the decision to upgrade the study to a full feasibility study for which Met Chem will have overall responsibility. The company expects that the feasibility study will be available to it for evaluation during the first quarter of 2010.
First Bauxite and Met Chem have agreed on a multi service provider approach which will provide the company with an opportunity to draw on the engineering, manufacturing and consulting expertise most suitable for the various components of the feasibility study. Aluminpro which has been providing QA/QC oversight of the company's drill program will be responsible for the geology and ore resource; Met-Chem will be responsible for mining reserves, mine planning, the wash plant for ore beneficiation and all infrastructure and services; Roche Limited through Met Chem will be responsible for the tailings impoundment and oversight of the Guyanese consulting firm EMC on the environmental management plan; CEMCO Inc of Guyana will provide haul road design, civil and earthworks and all geotechnical input and Polysius AG will be responsible for the engineering and design of the agglomeration, drying and calcination plants.
