{"id":1091114,"date":"2018-12-20T15:08:32","date_gmt":"2018-12-20T15:08:32","guid":{"rendered":"http:\/\/www.mining.com\/?p=960385"},"modified":"2018-12-20T15:08:32","modified_gmt":"2018-12-20T15:08:32","slug":"anglogold-ashantis-tropicana-gold-mine-can-go-underground-study","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1091114","title":{"rendered":"AngloGold Ashanti\u2019s Tropicana gold mine can go underground \u2014 study"},"content":{"rendered":"

Joint venture partners AngloGold Ashanti (JSE:ANG) (NYSE:AU) and Independence Group (IGO) said Thursday<\/a> a pre-feasibility study\u00a0shows underground mining at their Tropicana gold mine in Western Australia is technically and financially viable.<\/p>\n

As an underground mine, Tropicana could produce around 100,000 ounces of gold a year for about seven years.<\/q><\/p>\n

Once converted into an underground mine, Tropicana \u2014 located 200km east of Sunrise Dam and 330km east-northeast of Kalgoorlie \u2014 could produce around 100,000 ounces a year over a mine life of roughly seven years, the study says.<\/p>\n

The project would cost an estimated A$95 million to develop, they said. The underground material will be blended with open pit ore, capitalizing on recently completed improvements at the process plant.<\/p>\n

The partners expect to complete the feasibility study and make a financial commitment to the development in the second half of the 2019 financial year.<\/p>\n

AngloGold, now under the leadership of Kelvin Dushnisky<\/a>, a Barrick Gold veteran, looks very different from four years ago. The company has become increasingly global, with only about 13% of its output from South Africa after selling mines to stem losses in the country. That\u2019s down from 43% in 2007. Its other mines stretch from Australia to Argentina and Ghana.<\/p>\n

AngloGold Ashanti owns 70% of Tropicana and Independence Group NL holds the rest.<\/p>\n

The post AngloGold Ashanti\u2019s Tropicana gold mine can go underground \u2014 study<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group’s Tropicana operation.<\/p>\n

The post AngloGold Ashanti’s Tropicana gold mine can go underground — study<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[772,404,369],"tags":[9,15,48],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1091114"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1091114"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1091114\/revisions"}],"predecessor-version":[{"id":1091150,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1091114\/revisions\/1091150"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1091114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1091114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1091114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}