Besra's Jugan project gets EIA approval
PERTH (miningweekly.com) – ASX-listed Besra Gold on Wednesday announced that the Natural Resources and Environment Board in Sarawak approved the environmental impact assessment (EIA) for the company’s proposed pilot gold mining and processing operations at the Jugan project.
EIA approval is a long lead time item, imperative for the construction and operation of the proposed pilot plant processing facility and the associated mine pit.
The pilot plant will have an initial nominal throughput capacity of 50 t/d, although it can be expanded to 400 t/d. This throughput range will ensure, as far as possible, valid commercial scalability of the processing results which will be incorporated into the final feasibility study for Jugan, Besra said.
Until a formal approval is received from the Ministry of Natural Resources and Urban Development, Besra is continuing with preliminary activities under the early commencement works approval granted in December 2022.
Besra recently signed a binding gold purchase agreement with shareholder Quantum Metal Recovery, with the $300-million in funding to be paid over 30 months against future production ounces. The funding would enable the company to fully fund production at its Bau gold project, in Malaysia, as well as to fund the appraisal of other deposits within the Bau goldfield corridor.
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