Abosso GoldFields Ltd Damang Mine · 44 Damang Mine - History Ł 1989 Œ Ranger Minerals starts...

Abosso GoldFields LtdAbosso GoldFields LtdDamang MineDamang Mine

An Overview

Management TeamManagement Team

� Brendan Walker (South Africa) V-P Ghana� Alan Thompson (Australia) General Manager� Charles Taschereau (Canada) Mill Manager� Alfred Baku (Ghana) Mining Manager� Paul Kitto (Australia) Exploration Manager� Clifton Potter (Canada) Environmental Manager� Robert Siaw (Ghana) Local Affairs Manager� Ben van Wyk (South Africa) HR Manager� Bashir Malik (UK) F&A Manager� Mike Jordaan (South Africa) Security Manager� Patrick Spathelf (South Africa) Chief Geologist� Mark Haywood (Australia) Chief Mining Engineer� Philip Engelbrecht (South Africa) Metallurgical Superintendent

Damang Mine Damang Mine Facts & FiguresFacts & Figures

� 18.4Mt Mined F2003 � 14.8Mt Forecast F2004� 4.9Mt Milled F2003 � 5.2Mt Forecast F2004� 299koz Gold produced F2003 � 298koz Forecast F2004� $234/oz Operating Cost F2003 � $220/oz Forecast F2004 � 1200 employees and contractors � 38 expats

Damang Mine Damang Mine -- HistoryHistory� 1989 � Ranger Minerals starts exploration in the area� 1990-95 � Discovery and exploration of Damang ore body� 1996-97 � Construction of Mine, Mill, Power line.� Nov 97 � First gold poured� Jun 1999 � Plant upgraded (pebble crusher)� Jan 2002 � Change of ownership to Gold Fields Ltd / IamGold � Dec 2003 � Completed shareholders loan repayment

� Ownership- GOLDFIELDS Ltd 71.1%- IAMGOLD Corp. 18.9%- Government of Ghana 10%

GhanaGhana

DAMANG

GeologyGeology

Mineralisation at Damang occurs at the faulted culmination of a regional anticline

Similar Proterozoic/PhanerozoicExamples

� Telfer� Just about all deposits in Pine

Creek� Bendigo - Slate Belt Style

Current ReservesCurrent Reserves--ResourcesResources

Million Tonnes (Mt)

Grade (g/t)

Gold (000oz)

RESERVEProved 5.1 1.7 271Probable 3.1 2.5 244Total Open Cut 8.2 2.0 515Proven Surface Stockpile 9.1 1.4 405Grand Total (Open Cut + Stockpile) 17.3 1.7 919RESOURCEMeasured 8.1 1.7 448Indicated 7.7 2.0 488Inferred 2.9 1.9 175Total Open Cut 18.8 1.8 1,111Measured Stockpile 9.1 1.4 405Grand Total (Open Cut + Stockpile) 27.9 1.7 1,516

Note : Reserves/Resources as of 1st July 2003

Cost DistributionCost Distribution

� Total Operating Budget $65.6M� Cost/oz $221/oz F2004 to date

Damang Gold Mine Costs 2004

12%36%

6% 6% 4% 3%

PayrollStoresPowerMining ContractorsOther ContractorsExplorationOther CostsGeneral & Admin

Operating Costs Operating Costs

F2003 F2004 (to date)

$/ton Processed $14.40/ton $12.84/tonOperating Cost $235/oz $221/ozTotal Cash Cost $243/oz $234/ozOperating Margin 31% 39%

101010

OperationsOperationsPerformance Performance

Ore Tonnes Mined

0100000020000003000000400000050000006000000700000080000009000000

F1998 F1999 F2000 F2001 F2002 F2003 F2004ForecastYears

111111

Tonnes Milled

2000000

2500000

3000000

3500000

4000000

4500000

5000000

5500000

F1999 F2000 F2001 F2002 F2003 F2004Forecast

� Blend 65% Fresh Ore, 35% Oxides

121212

Gold Produced (oz)

050000

100000150000200000250000300000350000400000

1998 F1999 F2000 F2001 F2002 F2003 F2004ForecastYears

131313

MiningMining

� Mining via contractor (AMS) under AGL supervision.� Daily production 70kt; Yearly Production 18.4Mt� Currently mining in three pits: Damang, Lima and

Kwesie

141414

Mine DevelopmentsMine Developments

� Mining in Huni 3&4 Completed Q3F2004.

� Main Damang Pit Completed in F2005

� Mining Juno SE will begin in Q3F2004

� Lima pit started in Jan�03� Mining in Kwesie started in

Apr�03� Planning for development of

new pits ongoing� AMS contract to be extended

for 3 years� Study of underground

potential in Damang pit� Planning for Rex

development

151515

MillingMilling

� CIL Plant� Milled Tonnes 5.1Mtpa� Throughput 625tph� % Fresh Ore 65%� Availability 95%� Head Grade 2.0g/t� Recovery 91%� Gravity Rec. 20%

161616

MillingMilling

171717

Mill Mill UtilisationUtilisation

� Focus on planned/preventive maintenance� YTD Utilization at 95.0% (excluding Girth Gear Shutdown)

Mill Utilisation - Total Running Time

89.00%

90.00%

91.00%

92.00%

93.00%

94.00%

95.00%

96.00%

1998-1999 1999-2000 2000-2001 2001-2002 2002-2003Excluding StrikeExcluding SAG

Motor FailureExcluding Pebble

Crusher Tie-in

181818

Mill ThroughputMill Throughput

3,000,000

3,500,000

4,000,000

4,500,000

5,000,000

5,500,000

Mill Throughput (Tonnes)

� Without Major Capital Investments� Improved Availability� Improved Process

191919

Health & SafetyHealth & Safety� Excellent safety record.

- Long Term Lost Time Accident Frequency 0.5 per million hours worked

- One year without LTI reached in January 2004� Emphasis on prevention, education and training.� Regular Monitoring of dust, noise and ground

vibrations.

Damang Australia USA Canada

Lost Time Accidents Rate - Open-pit Metal Mines

Note: International Data is for 2001-2002

202020

Environmental ProtectionEnvironmental Protection� An excellent environmental record.

- Best Record of all Mines in Ghana in last EPA grading.� ISO 14001 Certified � Regular External Audits.� Full compliance with environmental permits.� High standard required from contractors and suppliers.� Committed to Follow the International Cyanide Guidelines

on mine site � will be audited in a few months.

212121

ReclamationReclamation� Extensive Reclamation program ongoing even during

operation� Reclamation Bond agreement signed with EPA in 2001 for

rehabilitation of site. � Achievement of a $0.78M reduction in the reclamation bond

in 2003 in recognition of the level of rehabilitation achieved in specific areas of the mine.

� Stakeholders consultation to develop end land-use plan (mixed agriculture, wood and cash crops)

222222

ReclamationReclamation� Total of over 250 hectares in rehabilitation

program (total area disturbed is 650 ha).� The following plants are used in the reclamation

projects:- Legumes (Leucenia, Cacia, Grecida, Pueraria, Acacia);- Timber Species (Ofram, Emire, Mahogany, Wawa,

Cedrella, Teak, Pericorpsis, Kusia, Cieba);- Farm Plantations (Oil palm, Pineapple, Plantain,

Cocoyam, Cassava);- Medicinal Tress (Neem).

232323

Stakeholder InteractionStakeholder Interaction

� Keep an open approach in our dealings with local communities.

� DMCCC (Damang Mine Communities Consultative Committee).- Composed of Mine Management, Traditional Leaders, Youth

groups, Local Business Leaders, etc (over 40 members).- Present company activities that might affect communities and

receive requests and concerns from stakeholders.- Meets every 2 months

� Damang applies �open door� policy and stakeholders are welcome to bring their concerns.

� Quick response to stakeholders complaints, requests and enquiries.

242424

Sustainable DevelopmentSustainable Development

� Focus on Education, Health, Water and Sanitation.� As objectives are being reached, there will be a

shift toward income generating projects as fish farming, improved agricultural techniques, etc.

252525

Sustainable DevelopmentSustainable Development

� 2003 � 8 major projects completed at the cost of $250k.

� Construction and renovation of school blocks at Bompieso, Koduakrom, Damang and Huni Valley.

� Construction and installation of water and sanitation facilities.

� Establishment of Scholarship schemes� Educational assistance � subsidizing teachers

wages (to raise standard to urban levels)� Construction, development and ongoing support of

community libraries � Damang, Huni Valley, Abosso

262626

ExplorationExploration

272727

Southern Ashanti BeltTotal Gold Endowment

Hydrothermal

Palaeoplacer

Hydrothermal& Palaeoplacer

MINERALISATION STYLES

282828

292929

PRIORITIES 2004-2005 EXPLORATION PROGRAMSPRIORITIES 2004-2005 EXPLORATION PROGRAMS

� Damang ML� Tomento North & East� Rex*� Amoanda *� Damang Underground? *� Old Abosso Underground

� Damang Adjoining Leases� Bonsa River F. R. (PL2/376)� Bonsa (PL2/151)� Subiri (PL 2/370)

� Gyata - District Acquisitions � Wassa Breman PLA*� Epieso PLA � Nsuaem PLA* � Atwere Broanda PLA* � Ghana Manganese* - JV?(* Hydrothermal targets)

620000 mN

610000 mN

590000 mN

600000 mN

EPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATION

SUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRIPL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370

LIMALIMALIMALIMALIMALIMALIMALIMALIMA

KWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIE

DAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PIT

AMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDA

BONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTBONSA FORESTPL 2/151PL 2/151PL 2/151PL 2/151PL 2/151PL 2/151PL 2/151PL 2/151PL 2/151

DAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANG

TOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTO

CHIDACHIDACHIDACHIDACHIDACHIDACHIDACHIDACHIDA

ABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSO

DAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96

REXREXREXREXREXREXREXREXREX

CHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTH

303030

� Damang ML� Tomento North & East� Rex*� Amoanda*� Damang Underground?*� Old Abosso Underground

� Damang Ajoining Leases� Bonsa River F. R. (PL2/376)� Bonsa (PL2/151)� Subiri (PL 2/370)

� Gyata District Acquisitions� Epieso PLA� Wassa Breman PLA*� Nsuaem PLA*� Atwere Broanda PLA*� Ghana Manganese* JV?(* Hydrothermal targets)

GFL/IAMGOLD Area of Interest

ProposedGyata/GMC JV

Gyata PLA

ProposedGyata/Leo JV

PRIORITIES 2004-2005 EXPLORATION PROGRAMSPRIORITIES 2004-2005 EXPLORATION PROGRAMS

313131

620000 mN

610000 mN

590000 mN

600000 mN

EPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOEPIESOAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATIONAPPLICATION

SUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRISUBIRIPL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370PL 2/370

LIMALIMALIMALIMALIMALIMALIMALIMALIMA

KWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIEKWESIE

DAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PITDAMANG PIT

AMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDAAMOANDA

DAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANG

TOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTOTOMENTO

CHIDACHIDACHIDACHIDACHIDACHIDACHIDACHIDACHIDA

ABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSOABOSSO

DAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGDAMANGML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96ML 1409/96

REXREXREXREXREXREXREXREXREX

CHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTHCHIDA SOUTH

� 2004 Fiscal Year = US$3.75M� Tomento Central & Southern� Chida South � Abosso� Amoanda� Rex� Bonsa River F. R.� Subiri

� 2005 Fiscal Year� Bonsa River F. R.� Subiri� Epieso PLA� Wassa Breman PLA� Nsuaem PLA� Atwere Broanda PLA� Ghana Manganese JV?

Exploration BudgetExploration BudgetExploration Budget

323232

Damang Damang �� In ResumeIn Resume

� 300,000oz/year� Good Cash Cost � $221/oz F2004 to date� Good Cash Flow � Net earnings $13.6M F2004 to date� Established operation � Low Risk� Sound Health, Safety, Environmental and Local Affairs

Management� Reserves Expansion On-going

333333

Future DirectionsFuture Directions

� Finding and developing new reserves.� Continue mine and mill optimisation programs to

reduce costs and increase efficiencies.� Maintaining and improving on the standards sets

in Environmental protection, Health & Safety.� Helping the local communities developing

alternative livelihood and sustainable development.

Abosso GoldFields Ltd Damang Mine · 44 Damang Mine - History Ł 1989 Œ Ranger Minerals starts...

Documents

Exploration Foie

ç ‚ EBG -W˝‚ · 2011-06-08 · 3 ßyjgzc zc#Ö} ¯ÝgzZDäs¯yZZü äÛn¿´äÛnÛŁŠ’+ﬂZgY#aÚŽ ŠÜ ß × ł › ł æ ł ä ô n ß × ł ´ ł o F Ö^ˆ ł ł i ö†]o

Ü } Ł % + H C ı Ł ˆ 0 % ‘ u Ł ﬂ s ˘ ¨ 0 Ł p ; = Ł ¨ # ˘ ˘ * º · 4. ˝ p p “ + p ł ˛ ˙ u Ł ˝ - € - Ü ˝ ‘ p ˘ ð ‘ ‘ u Ł % + ˘ ð e í ‘ ( ó

Exploration Report

ę ł Łę ą ę Są ż ą ę ł ę ł ę ś ł ę ą ę ł ć ę ą ł ą ż ł ę · Kalendarz wydarze ń 40– Wymiar ... 49– Zobaczyć K2 – rozmowa z Małgorzatą Łoboz,

Spatial Exploration

Copenhagen - Cloudinary€¦ · Copenhagen MERKMALE: Ł Primo Laminato (HPL), Farbe Eiche Naturell Ł Metallgestell Ł LED-Beleuchtung Ł Soft-Close-System Ł Metallrahmen um Türen

Ł Instruction Manual Ł - Der Online-Shop für Diabetiker ... · Ł Instruction Manual Ł Mode d™emploi Ł Gebrauchsanweisung Ł Manuale di istruzioni Ł Manual de instrucciones

KUMAHA DAMANG

Exploration i

Ł Utilice œnicamente el lÆpiz y Ł NO marque las tildes Ł ...Ł NO marque las tildes Ł NO abrevie Ł NO desprenda ninguna hoja Ł Utilice œnicamente el lÆpiz y el borrador que

2 ł ż łą ł 20 ł ż ł 60 ł ż - eaiib.agh.edu.pl · 1 Teoria obwodów 1. Zdanie: „skutek kilku przyczyn działających równocześnie jest sumą skutków tych przyczyn działających

PARTS MANUAL1 PS360EWB PS360EWB Parts Gas (AGA[CSA]) P/N 37911 Rev. C Ł V2 Ł 1/00 Middleby Cooking Systems Group Ł 1400 Toastmaster Drive Ł Elgin, IL 60120 Ł (847)741-3300 Ł

y 0 Ł›æ¾OE!N DZ Ł¤

Ł Panaderías - Pastelerías Ł - tematico8.asturias.estematico8.asturias.es/.../panaderia.pdf · Calidad e Higiene en la Manipulación de Alimentos 4 Ł DIAGRAMA DE FLUJO Ł Œ

Participatory Exploration

ß ×ł› ł æ ł ä ô n ß ×ł´ ł o F Ö^ˆł iłö†]o ß ×ł‚ ł ^mł ƒ ... · 2011-06-08 · 4 ßyjgzc zc#Ö} ¯ÝgzZDäs¯yZZü Š’+ﬂZgY#aÚŽ ŠÜß ×ł›ł

Parcours technologiques industriel … Exploration obligatoire (1h30) Exploration Choisie « normale » (1h30) Exploration Choisie « dérogatoire» (2 * 1h30)

Kapagtayoay tumitinginsaicon, ang unangmakikitanatinay ... · PDF filenakalagayanng atingbuhayditosamundo. Damang‐dama niMaria ang hirapat

exploration valise