Amitsoq graphite project, Greenland
Photo by GreenRoc Mining
Name of the Project
Amitsoq graphite project.
Location
Southern Greenland.
Project Owner/s
GreenRoc Mining.
Project Description
A preliminary economic assessment has proposed a 400 000 t/y operation with a 22-year life-of-mine (LoM).
The total mined inventory is estimated at 8.26-million tonnes of ore with an average of 21.3% graphite.
The mine plan proposes mining only from the lower graphite layer, leaving considerable resources from the upper graphite layer for future production expansion or extension of the LoM.
The proposed use of a drift-and-fill mining method, coupled with the exceptionally high grades of the Amitsoq ore, will mean that as much as 86% of the tailings will be used as backfill, with only 14% required to go to a tailings storage facility.
Mining will be conducted using a fleet of diesel-powered, electrohydraulic drill jumbos, bolters, load-haul-dump machines and underground fitted trucks.
Potential Job Creation
About 172 jobs will be created.
Net Present Value/Internal Rate of Return
The project has an estimated pretax net present value, at an 8% discount rate, of $235.31-million and an internal rate of return of 31.1%, with a four-year payback from start of production.
Capital Expenditure
About $131-million, including a 25% contingency.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
GreenRoc Mining, tel +44 20 3950 0724 or email info@greenrocmining.com.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa
VISIT SHOWROOM
The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
