Business
Initial plant commissioning proceeds according ...
Initial plant commissioning proceeds according ....
About this update from Serabi Gold Plc
[{"type":"text","content":"\n Initial plant commissioning proceeds according to plan For immediate release23 December 2013Serabi Gold Plc(\"Serabi\" or the \"Company\")Initial plant commissioning proceeds according to planSerabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, today announces the progress of its initial plant commissioning, which has been successfully running since 13 December 2013. The entire plant has been operated on five separate occasions of approximately two hours each, culminating with a three hour test on 19 December. Approximately 800 tonnes of approximately 5grammes per tonne gold Run of Mine development ore has been crushed to a size of less than 8mm, approximately 200 tonnes of which has passed through the entire process plant. To date, all sections of the current plant comprising the crushing plant, the ball mill, the gravity concentrator and the flotation sections, have been tested and operated in line with the Board's expectations. Gold concentrate has been produced from the gravity plant and copper/gold concentrate from the flotation plant. Daily operation and testing is continuing in order to identify any operational issues and to further stress test the plant.Mike Hodgson, CEO of Serabi, is currently at site overseeing the initial commissioning work, and commented: \"It is a testament to our project team, led by General Manager Helio Tavares, and the efforts that they have all made over the last twelve months that we will, as announced, be looking to achieve our first gold production in January 2014. \"I am very proud that we have achieved this significant milestone in accordance with our original timetable. As is to be expected, there will be some improvements to be made along the way, and prudently we have considered a reasonable ramp-up of production from early January through the first quarter of 2014. \"Nevertheless, this successful first week of commissioning, together with approximately 27,000 tonnes of ore stockpiled on surface with an average grade in excess of 8 grammes per tonne of gold, suggest we should be able to achieve our aim of reaching 'life of mine' production rates by the second quarter.\"The following link is to a short video showing the plant in operationhttp://www.brrmedia.co.uk/event/119610/?popup=trueEnquiries: Sera...