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Asiamet employs top-notch consultants to work on BKM study

Wednesday, October 12, 2016 1:17
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(Before It's News)

Indonesia-focused copper play Asiamet Resources Limited (LON:ARS, CVE:ARS) continues to make “excellent progress” on the feasibility study (FS) for the Beruang Kanan Main project.

The detailed resource evaluation drilling and metallurgical test-work programmes are now well advanced, and the company is now ramping up the mine engineering and related infrastructure components of the FS.

Read Asiamet Resources’ latest drilling points to stronger economics at BKM

Read the Asiamet investment case

See CEO Tony Manini talk about Asiamet Resources’ billion dollar potential 

Australian Mine Design and Development (Amdad) and PT Ground Risk Management (GRM) have recently been engaged to undertake the mining engineering and geo-technical components of the feasibility study, respectively, the company revealed.

Amdad will study open-pit optimisation, make production rate assessments and design development scenarios.

With improved resource knowledge, Amdad will execute the required work to produce feasibility-level pit designs, waste-rock management and dump designs, mining equipment sizing and selection, mine scheduling, and the estimation of capital and operating costs for the mine.

GRM, meanwhile, will implement a programme of data collation, detailed mapping, geo-technical logging and laboratory testing to develop a geo-technical database for open-pit mine engineering.

“The BKM feasibility study represents the most important pre-development de-risking phase for the project, the outcomes of which will be used by a wide range of stakeholders, including investors, financiers, government regulators and local communities, to assess the project’s technical, financial, environmental and social viability,” asserted Tony Manini, Asiamet’s chief executive officer.

“In order to ensure we meet or exceed the expectations of our key stakeholder groups, it is critically important that all parts of the feasibility studies are completed to high industry standards. Securing the services of such highly experienced consultants for these key areas further strengthens the first-class team we have already assembled to deliver the BKM feasibility study, and we look forward to reporting results of the various programmes as they become available,” Manini said.

Story by ProactiveInvestors

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