Avenira’s strategy is to develop the project based on an initial Stage 1 operation producing 500 000 tpa of phosphate concentrate. Total capital expenditure to production is US$15 million.
The Baobab phosphate project is fully funded and its operation has been designed to enable multiple stages of expansion across the project.
Cliff Lawrenson, MD of Avenira says that the Baobab phosphate project continues to progress steadily to first production.
“If progress continues to the current plan we anticipate producing the first saleable product in the next few weeks. It has been an exceptional outcome to advance the project as quickly as we have,’’ says Lawrenson.
The company’s phosphate mineralisation has been uncovered on the western side of the Stage 1 Open Pit.
The mineralisation exposed is consistent with the geological model derived from sampling, air core and diamond drill logging and it is expected that primary grade control will be visual.
It is now being stockpiled on the Run of Mine’ stockpile adjacent to the processing facilities.
[quote]Over the coming weeks, mining and grade control methodology will be optimised to maximise mining efficiency, while minimising dilution and any mineralisation loss.
Water commissioning of the wet screening plant has commenced as a first step in commissioning and to optimise the water balance in the plant. It has however been undertaken with a temporary water recirculation system in order to minimise water wastage.
Overview of the Baobab phosphate project
Avenira has been involved with the Baobab project, in conjunction with Agrifos, since 2014 although Agrifos originally launched the project in 2011.
A Small Mine Permit (SMP) was granted for the project in May 2015, and Avenira subsequently acquired 100% of the Baobab phosphate project from Agrifos in September 2015.
Avenira has gained final environmental approval and completed further drilling activity to upgrade the project resource.
Key elements of the project include a simple development plan, favourable metallurgy, access to skilled workforce, close proximity to infrastructure, stable and mining-friendly country, close proximity to existing markets and significant expansion potential.