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Monday, 18th July 2005 (3677 views)

The first barge containing the dismantled Kelian processing and gold plant has started its journey to Guinor's mine in Guinea, West Africa.<br/><br/>The first of the 12 barges left from the river port of Jelemuq in Indonesia after obtaining all the necessary regulatory clearances.<br/><br/>The journey, which is estimated will take three to five months, will see the plant going via Samarinda and then Pelepas in Malaysia before reaching its destination of Conakry, Guinea.<br/><br/>Guinor says the global re-location of the plant marks a significant milestone in the company's expansion of the LEFA Corridor in Guinea.<br/><br/>The president and chief executive of Guinor, Trevor Schultz, added that the lengthy process of relocating the plant is entirely justified.<br/><br/>He explained that "escalating capital costs and extended equipment delivery schedules" mean relocating an existing plant is more cost-effective than building a new one from scratch.<br/><br/>And other work is already underway: "Engineering design based on the Kelian plant has been ongoing since January and the selected civil engineering contractor is mobilising to the LEFA site. <br/><br/>"In addition, pre-stripping of the Lero pit using the existing mining contractor is underway."<br/><br/>He concluded: "Although we have experienced a few months delay in obtaining the Indonesian approvals to ship the plant, these preparatory activities will help to give us a fast start when the first shipments arrive in Guinea in the fourth quarter of this year."<br/><br/><br/><img alt="track" src="http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15006492"/>

 

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