Portfolio

Bel Air

  • Project has low capital requirement and operating costs due to proximity to coast and DSO production
    • Short construction timeframe of 18 months
  • Over 146Mt of JORC compliant resource has been identified – 46% Total Al2O3, 40.5% Av. Al2O3 and 1.7% RxSiO2
  • Development plan is for a 5.5Mtpa initial production rate, ramping up to a 10Mtpa open-pit operation, trucking DSO ore to coast for loading via transshipping barges to Capesize vessels
  • Fully licenced and formally documented: Mining Convention, ‘Project of National Interest’, DFS, ESIA (IFC and Equator Principles)
  • The Mining Convention was signed with the Government of Guinea on the 1st February 2016 (to view press release please click here) and subsequently ratified by Parliament in June with the Presidential Decree received in July 2016. Agreeing the Convention was a significant step forward, setting out the operational regime and fiscal/tax incentives for the development of the Project
  • Extensive DFS completed – validating logistics, construction and mining plans, as well as economic model
  • Comprehensive Social and Environmental Impact Assessment Studies are ongoing to strive to ensure full IFC and Performance Standard compliance
  • Next steps – complete financing package and secure offtake
    • Work on the financing package is well advanced with commitments from a number of strategic investors and institutions
    • Discussions with parties regarding potential offtake agreements underway
  • Bel Air production scheduled to commence in 2018

Alufer recently completed an extensive DFS which has validated the logistics, construction and mining plans as well as the economic model. This has also served to finetune the parameters, streamline efficiencies over the longer term and improve construction readiness.

Production will commence at a rate of 5.5mpta, ramping up to a 10.0mtpa operation.

The following plans have been confirmed:

Surface mining will be used as the mining method as this is a low opex option with simple handling and high efficiency

  • Optimised mining control
  • Significantly reduces strip ratio, waste handling and haulage costs
  • Lower fuel consumption
  • No crushing required
  • Improved in pit ground conditions
  • Reduced bulking factor
  • Reduced double handling
  • Less dust creation

Materials handling will ensure control of dedicated logistics and facilities

  • ROM ore will be delivered to the bin using side tipping trucks
  • This will be withdrawn using two apron feeders and conveyed from the bin to the stockpile
  • This will be reclaimed by apron feeders and conveyed along jetty to barge loader
  • SCADA control included

Onshore infrastructure will include:

  • A self-contained camp and operations centre
  • Water wellfields which have been identified and designed
  • Power obtained by diesel generators
  • Dedicated communications and internet

Barge loading will comprise one slewing, telescopic barge loader

  • This represents the optimum balance between low capex, simplicity of operation and functionality
  • Achieves nameplate capacity of 2,000tph (continuous)

Barging will transport the ore to an Ocean Going Vessel at the Transshipment Zone, approx. 32km offshore

Transshipment involves the loading of bauxite into barges at a barge berth at the end of a causeway and then onto Capesize vessels

Tenders are currently being developed on these key construction packages:

  • Mining
  • Haul road development
  • Materials handling
  • Jetty Construction
  • Transhipment
  • Onshore Infrastructure
  • All samples collected were submitted for XRF and low temperature (150°C) bomb digest analysis; this has enabled Alufer to produce an extensive chemical database and has resulted in a thorough understanding of the available alumina and reactive silica distribution throughout the project
  • 99 representative core samples were selected from all bauxite facies (bauxite – BX, ferruginous bauxite – BXF and lateritic bauxite – BXL) for detailed bauxite characterisation
  • Analysis included density, moisture, organic carbon, XRF, bomb digest, XRD, minor oxides and trace element analysis
  • The DSO unwashed Bel Air bauxite should be easily processed as full or partial feedstock in low and high temperature refineries or for sweetening process
    Further bauxite characterisation testing revealed three types or bauxite: DSO bauxite; ferruginous bauxite; and lateritic (or clayed) bauxite. Ferruginous and lateritic bauxite can be beneficiated into export products through a process of washing and screening
+ PROJECT OVERVIEW
  • Project has low capital requirement and operating costs due to proximity to coast and DSO production
    • Short construction timeframe of 18 months
  • Over 146Mt of JORC compliant resource has been identified – 46% Total Al2O3, 40.5% Av. Al2O3 and 1.7% RxSiO2
  • Development plan is for a 5.5Mtpa initial production rate, ramping up to a 10Mtpa open-pit operation, trucking DSO ore to coast for loading via transshipping barges to Capesize vessels
  • Fully licenced and formally documented: Mining Convention, ‘Project of National Interest’, DFS, ESIA (IFC and Equator Principles)
  • The Mining Convention was signed with the Government of Guinea on the 1st February 2016 (to view press release please click here) and subsequently ratified by Parliament in June with the Presidential Decree received in July 2016. Agreeing the Convention was a significant step forward, setting out the operational regime and fiscal/tax incentives for the development of the Project
  • Extensive DFS completed – validating logistics, construction and mining plans, as well as economic model
  • Comprehensive Social and Environmental Impact Assessment Studies are ongoing to strive to ensure full IFC and Performance Standard compliance
  • Next steps – complete financing package and secure offtake
    • Work on the financing package is well advanced with commitments from a number of strategic investors and institutions
    • Discussions with parties regarding potential offtake agreements underway
  • Bel Air production scheduled to commence in 2018
+ DEVELOPMENT PLAN

Alufer recently completed an extensive DFS which has validated the logistics, construction and mining plans as well as the economic model. This has also served to finetune the parameters, streamline efficiencies over the longer term and improve construction readiness.

Production will commence at a rate of 5.5mpta, ramping up to a 10.0mtpa operation.

The following plans have been confirmed:

Surface mining will be used as the mining method as this is a low opex option with simple handling and high efficiency

  • Optimised mining control
  • Significantly reduces strip ratio, waste handling and haulage costs
  • Lower fuel consumption
  • No crushing required
  • Improved in pit ground conditions
  • Reduced bulking factor
  • Reduced double handling
  • Less dust creation

Materials handling will ensure control of dedicated logistics and facilities

  • ROM ore will be delivered to the bin using side tipping trucks
  • This will be withdrawn using two apron feeders and conveyed from the bin to the stockpile
  • This will be reclaimed by apron feeders and conveyed along jetty to barge loader
  • SCADA control included

Onshore infrastructure will include:

  • A self-contained camp and operations centre
  • Water wellfields which have been identified and designed
  • Power obtained by diesel generators
  • Dedicated communications and internet

Barge loading will comprise one slewing, telescopic barge loader

  • This represents the optimum balance between low capex, simplicity of operation and functionality
  • Achieves nameplate capacity of 2,000tph (continuous)

Barging will transport the ore to an Ocean Going Vessel at the Transshipment Zone, approx. 32km offshore

Transshipment involves the loading of bauxite into barges at a barge berth at the end of a causeway and then onto Capesize vessels

Tenders are currently being developed on these key construction packages:

  • Mining
  • Haul road development
  • Materials handling
  • Jetty Construction
  • Transhipment
  • Onshore Infrastructure
+ BAUXITE CHARACTERISATION
  • All samples collected were submitted for XRF and low temperature (150°C) bomb digest analysis; this has enabled Alufer to produce an extensive chemical database and has resulted in a thorough understanding of the available alumina and reactive silica distribution throughout the project
  • 99 representative core samples were selected from all bauxite facies (bauxite – BX, ferruginous bauxite – BXF and lateritic bauxite – BXL) for detailed bauxite characterisation
  • Analysis included density, moisture, organic carbon, XRF, bomb digest, XRD, minor oxides and trace element analysis
  • The DSO unwashed Bel Air bauxite should be easily processed as full or partial feedstock in low and high temperature refineries or for sweetening process
    Further bauxite characterisation testing revealed three types or bauxite: DSO bauxite; ferruginous bauxite; and lateritic (or clayed) bauxite. Ferruginous and lateritic bauxite can be beneficiated into export products through a process of washing and screening