Dual-listed Base Resources has appointed Mineral Technologies and Lycopodium to deliver the prefeasibility study for the company’s Toliara mineral sands project in the south-west of Madagascar.
Mineral Technologies and Lycopodium have strategically aligned as partners to bring together industry leading innovation and technical and project delivery skills to support Base Resources in delivery of the world class Toliara sands project prefeasibility study (PFS).
As a team, Mineral Technologies and Lycopodium have previously undertaken studies and projects in minerals sands, including previous work on the Toliara sands project, and are known throughout Africa for delivery of robust and fit for purpose mineral processing plants.
The PFS will build on the considerable body of work completed by previous owners of the Toliara sands project and together form the foundations of an accelerated feasibility study programme that aims to advance the project toward a decision to proceed to construction in the second half of 2019.
Base Resources anticipates PFS completion in the March quarter of 2019.
Toliara project at a glance
Base Resources completed the acquisition of the Tier 1 Toliara sands project north of the port of Toliara in south-west Madagascar in January 2018.05.15
The Ranobe mine is projected to produce 600 000 tpa of ilmenite and 65 000 tpa of zircon rich concentrate over an initial 20 year mine life.
This first phase of development utilises around 27% of the 884 Mt of mineral resource defined at Ranobe.