Mining

Senegal: Avenira chooses Wood Plc to conduct the Baobab expansion project’s Bankable Feasibility Study (BFS)

Wednesday, 16 May 2018 18:00

Avenira announced today May 16, it has appointed Wood Plc (formerly known as Amec Foster Wheeler) to conduct the ongoing Bankable Feasibility study (BSF) at Gadde Bissik mine which is part of its Baobab expansion project in Senegal.

The BFS will be carried out in two phases. Phase 1 will concern a simple feasibility study (scheduled for late July) followed by the final bankable feasibility study (scheduled for late 2018). The goal is to provide, based on the work carried out so far, a final design basis for detailed engineering and construction management, to set a processing plant with a capacity of 1 million tons of concentrate per year.

“Wood brings a frist-class mining and processing team to the Bagge Bissik Expansion and Upgrade investment project. We are very pleased to be working with the team, as lead engineer we have a winning combination in place,” revealed Avenira CEO Louis Calvarin.

Moreover, the company also reports that the Baobab project now hosts an indicated resource of 42 million tons (grading 19.4% P2O5) and an inferred resource of 320 million tons (grading 16% P2O5).

On the same topic
The Petroleum Training Institute warns Africa’s oil reserves could lose value amid the energy transition. The continent’s dependence on foreign...
Rhino plans appraisal, flow tests in Namibia’s Orange Basin Goal: confirm oil, gas potential before development phase Production targeted by 2030...
Harmony Gold acquires MAC Copper for $1.01B, enters copper market CSA mine adds 40,000 tons annual copper output Deal aligns with gold miners’...
Output hits 87,974 tons Jan-Sept Production from DRC mines faces new export quotas 2025 forecast cut amid market controls, oversupply concerns...
Most Read
01

Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...

Kenya Plans National Drone Rollout to Modernize Farming
02

TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...

Gabon Seeks Foreign Partners to Revive Declining Oil Sector
03

IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...

IMF Lowers WAEMU Bloc’s Growth Forecast to 5.9% for 2025, Benin Now Leading
04

Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...

Mobile Money Transfers to CEMAC Near $1B in 2023
05

BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...

China's BYD Plans 300-Station EV Charging Network for South Africa
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.