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SEG 45 Final_qx4 - Society of Economic Geologists

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OCTOBER 2005 • No 63 <strong>SEG</strong> NEWSLETTER 21<br />

AFRICA<br />

Regional Correspondent:<br />

Judith Kinnaird (<strong>SEG</strong> 2002)<br />

<strong>SEG</strong> Regional Vice President Africa<br />

School <strong>of</strong> Geosciences<br />

University <strong>of</strong> the Witwatersrand, South Africa<br />

Tel: +27 11 7176583<br />

Fax +27 11 7176579<br />

Email: kinnairdj@geosciences.wits.ac.za<br />

With contributions from<br />

Dr. Stephen Frindt<br />

Geological Survey, Namibia<br />

COTE D’IVOIRE<br />

Cluff Gold bought the exploration data<br />

covering the Mt. Yaoure licence. This<br />

includes drill assay results from drilling<br />

completed around the Angovia mine,<br />

from the previous licence-holder<br />

Comincor. Internal company reports by<br />

Comincor indicate a resource <strong>of</strong> 90,000<br />

t at a grade <strong>of</strong> 3.7 g/t, based on drilling<br />

completed in 2002.<br />

GHANA<br />

Golden Star Resources announced that<br />

the plant at Wassa gold mine is now<br />

operating at its design capacity <strong>of</strong><br />

10,000 tpd. The standby powerhouse<br />

was recently upgraded to supply sufficient<br />

power while connections to the<br />

national grid are being completed.<br />

MADAGASCAR<br />

Rio Tinto announced the approval <strong>of</strong> a<br />

US$585M mineral sands operation and<br />

port. First production in the Fort<br />

Dauphin region is expected in late<br />

2008 and initial capacity will be<br />

750,000 tpa <strong>of</strong> ilmenite. The development<br />

is the largest project in<br />

Madagascar’s history and will be the<br />

catalyst for broader economic development<br />

in the region. With a grade <strong>of</strong><br />

60% titanium dioxide, the Madagascar<br />

orebody is the largest known undeveloped<br />

high-grade mine, according to Rio<br />

Tinto.<br />

MALI<br />

Randgold Resources, the Malian gold<br />

producer, approved a US$100M underground<br />

project at its open-cast Loulo<br />

mine.<br />

EXPLORATION REVIEWS<br />

NAMIBIA<br />

Navachab gold mine (AngoGold<br />

Ashanti Ltd) situated in central-western<br />

Namibia, was developed in the late<br />

1980s and was interpreted as a skarn<br />

deposit with a life <strong>of</strong> mine until 2003.<br />

However, with the discovery <strong>of</strong> the significance<br />

<strong>of</strong> associated sheeted auriferous<br />

quartz veins and the reinterpretation<br />

<strong>of</strong> the deposit as a mesothermal<br />

gold deposit, exploration located additional<br />

resources both in the hanging<br />

wall and the footwall. This increased<br />

life <strong>of</strong> mine to 2013 and, pending on<br />

the economic conditions, there is a<br />

chance <strong>of</strong> extending it even further.<br />

Namibia Stone Processing (NSP)<br />

plant, situated in the town <strong>of</strong> Omaruru,<br />

is one <strong>of</strong> the biggest dimension stone<br />

processing facilities in southern Africa.<br />

NSP is a black economic empowerment<br />

initiative, which was inaugurated by<br />

the Namibian President Hifikepunye<br />

Pohamba on July 20, 2005. The plant,<br />

built at a cost <strong>of</strong> N$50M, will process<br />

granite and marble tiles derived from<br />

local quarries as well as darker varieties<br />

<strong>of</strong> dimensions stone from Angola,<br />

Zimbabwe, and South Africa. The plant<br />

will employ between 70 and 100 people,<br />

with staff to be trained by Italian<br />

experts in stone processing, especially<br />

for marble tiles. The plant houses 2<br />

granite gangue saws, 2 granite block<br />

cutters, 2 marble block cutters and 1<br />

marble gangue saw. At full capacity the<br />

plant will produce some 3,000 m 2 <strong>of</strong><br />

polished tiles per machine per month.<br />

The market is currently aimed at local<br />

and SADC countries, in future the company<br />

plans to expand their market to<br />

include European, American and<br />

Middle and Far Eastern countries.<br />

Vancouver-based junior, Helio<br />

Resource Corp, through its 100%<br />

owned Namibian subsidiary BAFEX<br />

Exploration, is currently exploring for<br />

copper and gold in northern Namibia.<br />

Helio has just completed a first-pass RC<br />

and diamond drilling program on the<br />

Otjitombo project, where significant<br />

intersections including 39.82 m @<br />

1.03% Cu and 0.12 g/t Au, 32 m @<br />

0.97% Cu & 0.11 g/t Au and 22 m @<br />

1.06% Cu, and 0.26 g/t Au have been<br />

reported, with numerous assays still<br />

pending. Elsewhere Helio has entered<br />

into a significant option agreement<br />

with Teck Cominco whereby Teck can<br />

earn up to a 75% interest on delivery <strong>of</strong><br />

a feasibility study on the Vredelus gold<br />

prospect. Helio is also active exploring a<br />

number <strong>of</strong> IOCG prospects in the north<br />

<strong>of</strong> the country, two <strong>of</strong> these are in conjunction<br />

with fellow Vancouver Juniors<br />

Boulder Mining Corp and Yale<br />

Resources. Helio is also active in diamond<br />

exploration in Botswana, where<br />

it has optioned the Lokgwabe prospect<br />

to Indicator Minerals. Historic data at<br />

Lokgwabe indicates the presence <strong>of</strong> G10<br />

indicator garnets.<br />

Rössing, the large open-pit uranium<br />

mine producer, which is situated 65 km<br />

inland from the coastal town <strong>of</strong><br />

Swakopmund, started operations in<br />

1976. Rössing is one <strong>of</strong> the largest<br />

open-pit uranium mines in the world<br />

and with solid reserves will continue to<br />

serve the world nuclear energy industry<br />

throughout the world, especially in<br />

Central Europe, North America, and<br />

Southeast Asia. The mine currently<br />

produces about 7.7% <strong>of</strong> the world’s<br />

uranium. In 2004, the life-<strong>of</strong>-mine<br />

plan forecast closure in 2009. However,<br />

they aim to develop and expand their<br />

capacity to deliver value to shareholders<br />

and local stakeholders for the long<br />

term and they are working on plans to<br />

justify extending the mine life to 2017.<br />

On the operations side, production will<br />

be increased to 3,800 t <strong>of</strong> uranium<br />

oxide for 2005 to counteract the negative<br />

economic impacts <strong>of</strong> the “weak”<br />

US dollar, in which Rössing’s uranium<br />

is sold. The work <strong>of</strong> the Rössing<br />

Foundation in the mine’s neighboring<br />

town, Arandis, was expanded as the<br />

Rössing Foundation strives to ensure an<br />

economically independent and selfsustaining<br />

town.<br />

Avdale Namibia (Pty) Ltd is a<br />

wholly owned subsidiary <strong>of</strong> African<br />

Rainbow Minerals (ARM). Thirteen<br />

EPL’s were awarded during 1997, covering<br />

1,060,000 hectares over an area<br />

from Tsumeb in the north to<br />

Otjiwarongo in the south, Outjo in the<br />

west to Grootfontein in the east. This<br />

has now been reduced to four EPL’s covering<br />

308,000 hectares. Copper, zinc,<br />

and gold were initially the main exploration<br />

commodities in the northern<br />

Carbonate platform, northern rift-margin<br />

and Northern Zone <strong>of</strong> the Pan-<br />

African Damara orogen. The terrain is<br />

extensively covered<br />

by a thin calcrete<br />

to page 22 ...<br />

EXPLORATION REVIEWS

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