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To this end the association has so far set up two gold milling centres in Mberengwa and Esigodini and will soon set up a third in Zhombe. Gold Miners Association head of the technical division
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Notes* The mineral resource estimate is based on a Cut Off Grade of 1.5 g/t Au derived from a Au price US$1275 /oz costs of US$29/t for mining US$11/t for processing US$10/t for Gamp;A and US$7/t for mill feed surface transportation at a 93% process
As at December 31 2017 a total of US$468 million had been spent on the project against an approved total project budget of US$101 million. A conveyor system is expected to bring ore from underground. A transfer tower is being set up to enable full operationalisation of the mine. The project is expected to cost more than US$100 million.
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The Tuvatu gold project is estimated to contain indicated resources of 1.101Mt of ore grading 8.46g/t and containing 299500oz gold. Inferred resources are estimated to be 1.506Mt grading at 9.67g/t and containing 468000oz of gold at a cutoff grade of 3g/t.
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