{"id":970702,"date":"2018-08-31T19:26:27","date_gmt":"2018-08-31T19:26:27","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=970702"},"modified":"2018-08-31T19:26:27","modified_gmt":"2018-08-31T19:26:27","slug":"birimian-eyes-2020-production-at-199m-mali-lithium-mine-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=970702","title":{"rendered":"Birimian eyes 2020 production at $199m Mali lithium mine"},"content":{"rendered":"

By MINING.com Editor<\/a><\/span> <\/p>\n

Birimian Limited, (ASX:BGS) the Australian developer of a $199 million lithium mine<\/a> in Mali, is targeting first production for Q1 2020.<\/p>\n

The Goulamina mine is one of the world’s largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply.<\/p>\n

The Goulamina mine is one of the world’s largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply<\/q><\/p>\n

At the Paydirt 2018 Africa Down Under mining conference in Perth, Birimian Limited CEO, Greg Walker, said the company had adopted a schedule to get its Goulamina lithium project in southwest Mali into production over the next 19 months.<\/p>\n

Walker said an updated prefeasibility study confirmed that Goulamina can be profitably developed as a large-scale, low cost, hard rock lithium mine with a 16-year operating life.<\/p>\n

Substantial progress has been made with Goulamina, and the focus is now on completing environmental and mine approval processes and securing project financing.<\/p>\n

\u201cWe are favoured by a very strong Mali government which has a track record of facilitating and rapidly permitting mineral development projects, so we are confident of meeting our March 2020 first production target,\u201d Walker said.<\/p>\n

\u201cIndependent analysts have rated Goulamina as the fifth lowest cost ex-mine gate hard rock lithium project worldwide, so it sits at right end of the lithium mine cost curve.\u201d<\/p>\n

Walker said the equities market had been hard in recent months on lithium stocks, but the project’s net present value significantly increased, to sit currently at $920 million.<\/p>\n

\u201cBinding agreements also need to be finalised and signed, and we have a well detailed construction, commissioning and production ramp-up schedule to insert this new Mali lithium mine into the global lithium supply chain,\u201d Walker said.<\/p>\n<\/p>\n

The post Birimian eyes 2020 production at $199m Mali lithium mine<\/a> appeared first on MINING.com<\/a>.<\/p>\n

…read more<\/a> <\/p>\n

From:: Infomine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By MINING.com Editor Birimian Limited, (ASX:BGS) the Australian developer of a $199 million lithium mine in Mali, is targeting first production for Q1 2020. The Goulamina mine is one of the world’s largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply. The Goulamina mine is one of the world’s […]<\/p>\n","protected":false},"author":1,"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":[360],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/970702"}],"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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=970702"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/970702\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=970702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=970702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=970702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}