Business
Appointment of Feasibility Study Manager
Appointment of Feasibility Study Manager.
About this update from Rome Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1832O Pathfinder Minerals PLC 14 September 2011 \n\nEmbargoed: 0700hrs 14 September 2011\n \nPathfinder Minerals Plc\n(\"Pathfinder Minerals\" or the \"Company\")\n \nAppointment of Feasibility Study Manager\n \nPathfinder Minerals Plc, the natural resources company with licences to mine heavy minerals sands in Mozambique, has appointed Wardell Armstrong International Limited as Feasibility Study Manager to assist in the development of the Company's heavy minerals sands assets in Mozambique.\n \nWardell Armstrong International is a leading international mining consultancy firm, providing a wide range of services for minerals-related projects. It has been appointed to support the technical link between Pathfinder Minerals and the various contractors being appointed by the Company to carry out onsite operational and technical engineering study work throughout the feasibility study development period. The outputs from these works shall lead to compilation of a bankable feasibility study.\n \nWardell Armstrong will be responsible for the scoping of the technical requirements of the study, development of the Study programme and monitoring of its progress and collating the technical deliverables required to produce the Feasibility Study report. The main outputs of the study will be an updated Mineral Resource and new Ore Reserve estimate, determination of the appropriate mining method and metallurgical processing route, identification of the related infrastructure, final product quality and saleable tonnage rate, financial evaluation of the project and an updated environmental and social impact assessment report.\n \nNick Trew, Chief Executive, commented:\n \n\"We have been highly impressed by Wardell Armstrong's technical and geological capabilities which will be instrumental in assisting the Company through the feasibility study phase as we move towards bankable feasibility.\"\n \nEnquiries:\n \nPathfinder Minerals Plc\nNick Trew, Chief Executive\nTel. +44 (0)20 7399 4371\n \nDaniel Stewart & Company Plc\nOliver Rigby or James Thomas\nTel: +44 (0)20 7776 6550\n \nM: Communications\nBen Simons or Maria Souvorov\nTel: +44 (0)20 7920 2340 /2327\n \nNotes to Editors\n \nAbout Pathfinder Minerals \nPathfinder Minerals, through a 99.99%-owned subs...