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Customer Spotlight-Newmont Ghana Gold Limited

CAPE TOWN, Feb 10 (Reuters) - Newmont Mining Corp the world's second largest gold producer, said it reached first million ounces of gold sales at its Ahafo mine in Ghana in 2008 and expects a similar performance in 2009.

Jeff Huspeni, Newmont's senior Vice President for African operations, told a mining conference in Cape Town the mine produced just over 520,000 ounces last year at a cash cost of $408 per ounce, the second-lowest in the industry.

"We are only in our second year of full production but in that year we achieved our first million ounces of gold sales," he said on Tuesday.

"We produced just over 520,000 ounces last year at a cash cost of $408 per ounce ... We expect a similar performance in 2009."

The Ahafo gravity circuit consists of two high capacity KC-XD48 concentrators and a Consep Acacia Reactor model CS4000. The circuit recovers free gold from the primary grinding circuit and the concentrates from the Knelson Concentrators reports to the Acacia Reactor for further upgrading.

 


Share Your Knelson Experience
"Do you know where the first Knelson CD30 inches has been installed? East Malartic Mill, Quebec, Canada (CD serial 01 and 02) in 1993. The first commercial application for the low dilution cone has been done at this location in the CD serial 01. The results have been so good that the modified G4 cone to G5 has never been removed, except for clean up! The result of the 3 months tests run in parallel with the CD sn/02 gave a gold recovery better or at least similar to the G4 configuration, using only 45% less water in a 55% equivalent weight. The running time for the two Knelsons has been close to 99% on a 10 years continuous operation basis, recovered close to ~600,000 gold ounces and produced an extra gross revenue of ~$10 millions." - Pierre Pelletier, Manager, Metallurgy - Cambior, Canada ...more > >
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