Namibia gold mine

The Namibian Ministry of Environment and Tourism has approved an application by the owners of the under construction Otjikoto Gold Mine in Namibia, Africa to have the development powered on-site.

B2Gold’s management is now negotiating with the Namibian Electricity Control Board to receive technical approval for the on-site power plant at the mine, with a feasibility study under way to evaluate the potential of power generation, including solar power for the site’s production processes.
Namibia gold mine
The New Era newspaper reports that the majority of the mine’s power demand will be used by the two-stage milling process that has a throughput design capacity of 304 tonnes per hour and will require 4000 kW of electricity.

Otjikoto is expected to begin producing gold in Autumn of 2014 and the life of the open pit mine, based on the probable reserves, is estimated to be 12 years, with an annual forecast gold production of approximately 141 000 ounces for the first five years and for the life of mine approximately 112 000 ounces of gold per year.

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