RE: Reference27 Jun 2023 16:25
Out of the whole RNS you pick one word to constantly moan about!!!!
Here is the whole RNS, just for you ! So you can see all the positive words and sentences which you haven't mentioned because you are obsessed with one word.
Highlights:
West Kytlim
- Washing of gravels has finished for 2022 with our team and machinery now refocussing on the winter stripping programme.
- Total production for the 2022 season is approximately 200kg of raw platinum concentrate (up 77% from 113kg in 2021) from the Bolshaya Sosnovka and Kluchiki areas with a total average grade of 363mg/m3 and a notable high-grade seam at Kluchiki providing 3.7kg raw platinum from just 3,800m3 of gravels (grading 984mg/m3).
- Grid electric power is now available at site with the power line construction completed, the high voltage substation construction completed, and all necessary peripherals completed and commissioned.
- Electric dragline (70m/11m3) is now fully assembled and is under final high voltage electrical testing and the contractual 72-hour continuous performance test.
- Eurasia's electric dragline operators have had on the job training during the circa one year-long assembly period. Another training programme has just been completed.
- A late season infill drilling programme to determine the final 2023 mine design has been completed.
Monchetundra
- Concluded final infill and geotechnical drilling programmes for both open pits.
- Definitive feasibility study (the "DFS") for the Loipishnune and West Nittis open pits has been submitted for approval.
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "We are encouraged by the progress made at both projects through the course of a challenging year. Our strategy remains as previously announced - to continue to develop our assets while working with counterparties in BRICS countries regarding the possible sale of our Russian assets, a process which we appreciate has now run on longer than the Company's management team anticipated."
James Nieuwenhuys, CEO of Eurasia commented: "The West Kytlim mining season has proven to be a success both in terms of the smooth running of the mining operation and the implementation of both the power line and dragline projects over the course of just one mining season, and this despite geopolitical challenges. We are grateful to our staff for their dedication and focus to keep these projects on budget and on time and look forward to the positive impact of predominantly electrically powered mining and processing through the 2023 season."
West Kytlim
Electric Dragline and Powerline
The dragline operates with a 70m boom and 11m3 bucket and has a designed earth-moving capacity of around 150,000m3 per month. The machine is intended to replace several diesel-powered excavator-bulldozer combinations and all of the stripping capacity contracted out for the 2022 mining season and is also less limited in terms of stripping de