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Site works start for Kin Mining’s Leonora project

Mining News - Published on Tue, 13 Feb 2018

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The West reported that development of a new gold mine in the northern Goldfields has begun, with publicly listed Kin Mining starting site works at the Leonora gold project, 20km-40km east of the mining town. The project is expected to support about 70 jobs once operational and produce 55,000 ounces of gold a year over an initial seven year mine life.

Contractors SMS Innovative Mining Solutions have been engaged to start clearing at the Cardinia Mining Centre, where the company plans to base its 1.5 million tonne a year processing facility.

Work is also being undertaken to upgrade gravel access roads to transport the plant to the new project.

Kin secured the facility second-hand for USD 2.5 million from South Africa’s Gold Fields, which decommissioned the Lawlers processing plant when it married its existing Agnew operations near Leinster with the Lawlers mine after its USD 270 million buyout of Barrick Gold’s northern Goldfields assets.

Kin announced earlier this week it had received statutory approvals to start construction of the processing plant, with additional approvals to start mining expected later this half.

Kin managing director Mr Don Harper said the start of site works was a major milestone. Mr Harper said that “Having the approvals in place and the commencement of site development works is a significant step towards our goal to produce gold this year.”

It expects to enter production before the end of 2018.

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Posted By : Amom Remju on Tue, 13 Feb 2018
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