Mining

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

Wednesday, 16 May 2018 18:00

(Ecofin Agency) - 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).

 
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