Evaluation and modernization of an African gold placer's existing operations

CRA assisted the ownership of an African gold placer mining operation in their evaluation and modernization of their existing gold operations. The operating company developed a plan to expand and modernize their existing operation to include expanded gold production and introduction of quartz recovery that could be readily upgraded for high quality lump quartz and high-grade silica fines applications. The study included an analysis of company’s projected cost and market assumptions. CRA concluded that their assumptions were reasonable and could support higher production of gold and a broader based silica market. It was also concluded that their optimal production levels and NPV assumptions were understated.