REG - Resolute Mining Ltd - Successful completion of Syama sulphide shutdown

Resolute MiningAnnouncement

01/04/2022 07:00

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RNS Number : 8680G  Resolute Mining Limited  01 April 2022

1 April 2022

 

Resolute Mining Limited

(Resolute or the Company)

 

Successful completion of Syama sulphide plant shutdown

 

Highlights

·        Over 64,000 hours of shutdown activities completed by 210
employees and 447 contractors

·        Completed safely with no recordable injuries

·        Major shutdown activities undertaken on the crushing, milling
and roasting circuits

·        Upgrades made to crusher liners, transfer chutes, mill
cyclone feed pumps, flotation tailings pumps, roaster feed systems as well as
the roaster primary cyclone and ESP

·        Total 'tool time' on schedule with handover to operations in
line with plan

·        Improvements implemented during the project are expected to
extend the frequency of major Roaster shuts from three to up to ten years

·        Syama gold production is on target for the March quarter

Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to
announce the successful and safe completion of the Syama sulphide plant
shutdown.

The shutdown commenced on 18 February with the comminution circuits fully
recommissioned by 20 March 2022, ahead of schedule.  Flotation concentrate
has been stockpiled in advance of the Roaster re-start to provide immediate
gold concentrate feed.  The full restart of the Roaster was delayed by three
days to account for revised recommendations from the refractory suppliers
resulting in a more conservative refractory installation and curing process.

First gold concentrate was fed to the Roaster on 31 March completing the
restart of the entire sulphide processing circuit.

The performance of the entire sulphide plant is now expected to be more
consistent and manageable, as measured by the overall plant availability,
leading to improved production outcomes.  Roaster capacity is also expected
to increase which will effectively move the sulphide circuit 'bottleneck' from
the Roaster to the Crusher.

Following a detailed review of the integrity of the Roaster, use of condition
monitoring controls and the properties of the newly installed refractory it
should be possible to extend the next major shut and refurbishment of the
Roaster by up to seven years improving the production profile of the Syama
sulphide project and Life-of-Mine fundamentals.

Resolute's Chief Operating Officer, Mr Terry Holohan commented: "I would like
to thank all of our employees and contractors within the Projects and
Maintenance departments, as well as the support teams, who have contributed to
the safe and successful completion of this significant $7.5m enhancement
project.  From the early stages of planning, incorporating all the innovative
design improvements and challenging logistics through to final delivery, the
work performed reflects a highly competent and professional team. The team
have successfully met all of our operational requirements while having to deal
with a number of external factors, including COVID-19, unseasonal weather and
political disruption to deliver a safe and high-quality project for Resolute."

"I believe that we now have all the tools in place to significantly extend the
campaign life of the Roaster going forward.  The entire sulphide processing
circuit has now had a long overdue refurbishment which supports delivery of
Resolute's 2022 production targets, full tie-in of key improvement initiatives
implemented in 2021 to provide a strong basis for further enhancements to the
circuit."

 

 

Contact Information

 Resolute                                                                   Public Relations

James Virgo, GM Finance and Investor Relations

                                                                          Jos Simson, Tavistock
 contact@rml.com.au (mailto:contact@rml.com.au)

                                                                          resolute@tavistock.co.uk (mailto:resolute@tavistock.co.uk)
 +61 8 9261 6100

                                                                          +44 207 920 3150

 Media

                                                                          Oliver Lamb, Tavistock
 Cameron Morse, FTI Consulting

                                                                          resolute@tavistock.co.uk (mailto:resolute@tavistock.co.uk)
 cameron.morse@fticonsulting.com (mailto:cameron.morse@fticonsulting.com)

                                                                          +44 778 855 4035
 +61 433 886 871

                                                                            Corporate Broker

                                                                            Matthew Armitt, Berenberg

Detlir Elezi, Berenberg

                                                                            +44 20 3207 7800

 

Authorised by Mr. Stuart Gale, Chief Executive Officer

 

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