mayoko capital expenditure

Equatorial Resources Ltd.: Mayoko-Moussondji Development ...

This approach is in line with Equatorial's own staged approach to production from Mayoko-Moussondji and greatly reduces the requirement for initial capital expenditure.

Iron Ore Review – Where to for the West African juniors?

Mayoko-Moussondji Email: 43% 245 Malelane 3.0% 51 Nimba 51.8% 105 Mbalam-Nabeba 7.2% 1,933 ... "stranded" by high capital investment requirements for rail, port and power. ... approved capital expenditure as at the end of FY 2012. Figure 4 - …

DECEMBER 2014 QUARTERLY REPORT - Equatorial Resources

The capital cost estimates include a 15% contingency on all items. A summary of the schedule of capital expenditure is shown in Table 3 below: MAYOKO-MOUSSONDJI IRON PROJECT Year Production Capacity Incremental Capex Total (USD) 1 1.0 Mtpa 1.5 Mtpa 134.48 M 2 1.5 Mtpa 1.5 Mtpa 13.23 M 3 2.0 Mtpa 2.0 Mtpa 23.99 M 4 2.5 Mtpa 2.5 Mtpa 9.46 M TOTAL ...

MARCH 2013 QUARTERLY REPORT

Mayoko-Moussondji Iron Project ... capital expenditure. This approach has identified a fast track to initial low volume production utilising the available existing rail and port infrastructure. Production will then be ramped up in stages as the transport infrastructure is upgraded and

Mayoko-Moussondji - Equatorial Resources

The Scoping Study delivered excellent results demonstrating low capital intensity and an initial mine life of 23 years for the production of 2 Mtpa of "Mayoko Premium Fines", a 64.1% Fe product, with operating costs expected to average …

POSITIVE PRE-FEASIBILITY STUDY FOR MAYOKO-MOUSSONDJI

The capital cost required to achieve 2.5Mtpa is estimated at US$181.16 million. This translates to a capital intensity figure of US$72/t which is low when compared with other iron ore developments globally. These capital cost estimates include a 15% contingency on all items. A summary of the schedule of capital expenditure is shown in Table 3 ...

What Is Capital Expenditure (CapEx)?

Capital expenditure is money a company uses to acquire new assets, add to current assets, or improve assets for the benefit of improving a business, such as buying new equipment. Capital expenditures are "capitalized" as an asset on the balance sheet and depreciate over time, rather than showing as an expense on the income statement.

Iron Ore Sector Update - Sundance Resources

-A significant amount of capital expenditure is required for African projects. ... which holds an 80% interest in the Mayoko-Lekoumou iron project which lies adjacent to Equatorials owned Mayoko-Moussondji project. With an exploration target of 2.9-3.9Bt, entry at this level offers upside ...

Equatorial Resources Limited (ASX:EQX) Mayoko-Moussondji ...

Equatorial has appointed a project management team of highly experienced and well-credentialed industry experts to complete feasibility studies and supervise the Project's development. The Company has investigated the potential for a staged approach to production in order to accelerate initial production timelines and minimise capital expenditure.

Iron Ore - RPMGlobal

simulation (HAULSIM) for CAPEX expenditure validation Hammersley Basin, WA Magnetite BIF Iron Ore IronClad Mining Wilcherry Hill Project ... Oaktree Capital Man-agement Yanjiazhuang Iron Ore Project Hebei ... Mayoko Iron Ore Project Maiden JORC Resource Estimate Central West Africa Iron Ore Prov-ince, Congo ...

cape lambert resources mayoko capital expenditure - BINQ ...

Mayoko Iron Ore Project – mineral processing system Machine for … Cape Lambert sells off stake in Mayoko iron ore … Cape Lambert Resources has sold DMC Mining … addition to the R1.6bn in capital expenditure that Exxaro has … »More detailed

130313-EQX-ASX-MMIP Development Plan Submitted to ROC ...

Mayoko-Moussondji of 102 million tonnes at 40.6% Fe. The Hematite Resource forms part of the Total MRE of 767 million tonnes at 31.9% Fe. Metallurgical test work demonstrates the potential for the Hematite Resource to deliver ... initial capital expenditure. The ability for the key regional mining companies to work together with the government ...

Top 9 Difference Between Capital Expenditure and Revenue ...

Also see: Classification of Expenditure. Meaning of Capital Expenditure. The expenditures that are incurred by an organisation for long-term benefits are known as capital expenditures. These expenditures serve the purpose of increasing the capacity or capabilities of the long-term asset by either enhancing or adding new assets to the organisation.

ROBUST PERFORMANCE for the year ended 31 …

Total capital expenditure increased by 16% or R390 million, consisting of a R750 million increase in expenditure on sustaining and environmental capital (stay-in-business capital) offset by a R360 million decrease in expenditure on new capacity (expansion capital).

March 2018 Quarterly Report 27 April 2018 - Cyclone Metals

Funds raised from the placement will be used towards funding its exploration expenditure ... and for general working capital purposes. ... owned royalty in the Mayoko Iron Ore Project. The Company received A$500,000 in cash

Automation, electrification, alternative haulage weighed ...

Capital expenditure is expected to total around $790 million over the life of the PEA mine plan. Of this total, 29% is growth capital and 71% is sustaining capital. The PEA mining method relies on paste fill, with Golden Star confirming the paste fill plant was constructed in 2020 and commissioning is expected to be finalised this quarter.

THE YEAR IN BRIEF

Seven states achieve the target for capital expenditure ...

Capital expenditure has a high multiplier effect, enhances the future productive capacity of the economy and results in a higher rate of economic growth. Accordingly, out of the net borrowing ceiling NBC of 4 per cent of GSDP for the States for 2021-22, borrowings upto 0.50 per cent of GSDP were earmarked for incremental capital expenditure to ...

Equatorial Resources Ltd, EQX:ASX profile - FT.com

The Badondo Iron Project is located in the northwest region of the Republic of Congo. It is focused on targeting direct shipping ore (DSO) hematite at Badondo. The Company also operates the Mayoko-Moussondji iron ore project, which is located in the southwest region of the Republic of Congo. Revenue in AUD (TTM) 160.36k; Net income in AUD-7.58m

PHX Energy Announces Increase to its 2022 Capital

PHX Energy Announces Increase to its 2022 Capital Expenditure Program. December 01, 2021 18:57 ET | Source: PHX Energy Services Corp. CALGARY, Alberta, Dec. …

Equatorial Resources Limited (ASX:EQX) Mayoko-Moussondji ...

Perth, Australia, Nov 12, 2012 - (ABN Newswire) - Equatorial Resources Limited (ASX:EQX.AX - News) is pleased to announce it has commenced formal negotiations with the ROC Ministry of Transport in relation to access to government owned rail and port facilities that are available to service the Company's owned Mayoko-Moussondji Iron …

Exxaro - Reviewed condensed group interim financial ...

Capital expenditure and project pipeline. In January 2014, the mining convention was signed by the government of the Republic of the Congo, along with rail and port framework agreements for the development of a two to 10 million tonnes per annum Mayoko project.

Some CMs requested for increasing states' capital ...

Finance Minister Nirmala Sitharaman on Monday said that some of the Chief Ministers requested for increasing the states' capital expenditure during the meeting today on the subject of economic recovery post-COVID pandemic. Chief Ministers of 15 States, Deputy Chief Ministers of three States, Jammu and Kashmir Lieutenant Governor Manoj Sinha, and …

Capital Expenditures and the Budget - PFM blog

require capital expenditures to be specifically identified in the budget documentation. Program budgets in these countries still have capital and current components, usually with only limited freedom (if any) to vire between them. Capital and current expenditure are also distinguished in the accounts of spending units and in reporting expenditure.

Momentum builds for RoC's iron ore pioneers - Miningmx

approach, but final details on capital expenditure required and how Mayoko-Moussandji will be ramped up won't be published until after a resource statement is published, around February. Australian stockbroker Bell Potter said earlier this year that Equatorial Resources could spend $500m on a railway and port development

EXXARO RESOURCES LIMITED - SHARENET

The capital expenditure profile guidance previously provided remains unchanged. The majority of the expenditure is scheduled for sustaining capital expenditure, primarily at Grootegeluk. 3 FERROUS COMMODITY REVIEW 3.1 Projects update 3.1.1 Mayoko Iron Ore Project update Exxaro engaged KPMG to perform an independent review of the Mayoko Iron Ore

The Best Stock On the ASX - The Bull

He says the Mayoko Project has an exploration target of between 1.6 billion and 2.6 billion tonnes for between 30-to-65 per cent of iron. ... low capital expenditure requirements and Equatorial ...

CapEx vs OpEx: Capital Expenditures & Operating Expenses ...

Expense vs expenditure. A technical note on terms in this article. You might notice that we use "capital expenditure" and "operating expense", instead of calling both expenditures or both expenses. From an accounting perspective, expenditures are the payments you make on long-term spending. Expenses generally refer to more short-term ...

INTERIM FINANCIAL RESULTS - Exxaro

Capital expenditure 1 578 2 361 33 2 403 34 Attributable (losses)/earnings per share (cents)# (688) 1 119 (161) 632 Headline earnings per share (cents)# ^ 793 751 6 712 11 Average ZAR/USD rate –Realised 10,83 9,70 12 9,19 18 –Spot 10,67 10,04 6 9,20 16

INTERIM RESULTS PRESENTATION for the six-month period …

• Align capital allocation to enable growth in the ... mine closures • Maintain Mayoko mining right • Take advantage of development opportunities in cleaner energy through Cennergi • Target to be in the lowest half of the cost curve ... Capital expenditure 1 001 1 619 (38) 1 578 (37) Attributable earnings/(losses) per share (cents) ...

Piet Viljoen - mine manager - looking for new opporunity ...

Mayoko, Brazaville, Congo Senior Mining Engineer Mining Engineer, practical or theoretical, there is a difference!! May 2014 ... Strategic Planning and Capital Expenditures Recommendations Consulting and Project Management Other creators. See project. Languages

14 Examples of Capital Expenditures - Simplicable

Capital expenditures can be contrasted with operational expenditures, or opex, that are immediately expensed. The following are illustrative examples of capital expenditures. Land Land is a special type of capital expenditure as its value doesn't typically deprecate because it generally doesn't go down in value. In cases such as mining, land is ...