Refurbishment on track at Mount Carbine
It aims to bring the tungsten project, 120km north-west of Cairns, online by the end of the year.
“Despite the tight schedule since the reactivation of the tailings retreatment project in summer this year, as well as considering the sourcing of the new equipment from various countries, we are well on track for commissioning and commencement of production during the 4th quarter of 2019,” company executive chairman Russell Krause said.
“I will provide a further market update once the equipment is on-site and installation is underway.
“We look forward to working closely with the Cronimet team in bringing the Mt Carbine tailings retreatment and stockpile projects back into production.”
The company has entered into a joint venture with Cronimet Asia for the development of the tungsten mine at Mount Carbine.
It plans to retreat low-grade material stockpiled at the site before it commences hard rock mining.
The first delivery of equipment for the restart arrived in September, with the remaining equipment expected to be on-site over the next two weeks, the company said.
All redundant plant and equipment has now been removed and concrete formwork completed.
Electrical maintenance and commissioning works are ongoing and to schedule and pumps have been installed. Earthworks have also been completed.