Richmond Mining awards USA project feasibility study to GRES

Company News

Richmond Mining Limited (ASX: RHM) today announced the appointment of GR Engineering Services to manage their feasibility study for the development of the Buena Vista Magnetite Iron Project located in the state of Nevada, USA.

The study will be based on a mining rate of 3.5 Mtpa and annual magnetite concentrate production of 1.5 Mtpa utilising a processing facility with a crushing rate of 600 tph and a plant throughput rate of 400 tph.

The study is due to be completed by the end of the March quarter of 2011.

To view Richmond Mining’s company announcement

Category: Company News