Realm?s open-cut 3 mtpa mine plan viable
Wednesday, October 31 2012 - 02:42 AM WIB
ASX-listed Realm Resources in its quarterly report said that base case mine plan was designed to extract approximately 40 million tons of ROM over fifteen years at an annual production rate of 3 million tons per year (mtpa).
The mine plan has been designed to commence at the location where the existing logging road enters the south-eastern extent of the deposit.
The report said that the Project?s Base Case is designed to mine 1.0 to 1.5 Mtpa of coal ramping up to 3.0 Mtpa within three years. It is proposed to use a truck and excavator fleet to produce a thermal coal product for the domestic and export markets, initially over a period of 15 years.
The mining operations processes include clearing and grubbing of vegetation; topsoil stripping; truck/excavator movement of waste including coal roof clean up; truck/excavator movement of coal including coal floor clean up; and rehabilitation.
Based on the geology and topography an opportunity to exploit lower cost dozer push methods to potentially lower stripping costs will be further considered.
The Project is located near the town of Tumbang Samba in Central Kalimantan, approximately 175 km North West of the regional capital of Palangkaraya. The Project mining concession covers an area of some 4,258 ha within an area that has already been subject to commercial forestry operations.
Editing by Adianto P. Simamora