Karlawinda gold project expansion, Australia

Fri Feb 07 2025

Name of the Project

Karlawinda gold project (KGP) expansion.

Location

Pilbara region of Western Australia.

Project Owner/s

Capricorn Metals.

Project Description

The expansion will incorporate the installation of a new three-stage crushing and ball mill circuit to increase processing capacity to 6.5-million tonnes a year. The average gold production from the expanded KGP is expected to be about 150 000 oz/y over a ten-year mine life.

The expansion will also include the construction of additional accommodation capacity, which will maximise productivity during the plant construction phase and facilitate the additional personnel requirements of long-term operations.

The installation of a new tailings storage facility (TSF), using displaced waste material from the adjacent Berwick deposit, will meet the increased project deposition requirements.

Potential Job Creation

Not stated.

Net Present Value/Internal Rate of Return

The project has an internal rate of return of 49%.

Capital Expenditure

$120-million, with a 20-month payback.

Planned Start/End Date

Construction of the expanded plant is scheduled for the fourth quarter of 2026.

Latest Developments

The project was approved in October 2024.

Key Contracts, Suppliers and Consultants

Not disclosed.

Source: https://www.miningweekly.com/