Karlawinda gold project expansion, Australia
Photo by Capricorn Metals
Name of the Project
Karlawinda gold project (KGP) expansion.
Location
Pilbara region of Western Australia.
Project Owner/s
Capricorn Metals.
Project Description
The expansion will incorporate the installation of a new three-stage crushing and ball mill circuit to increase processing capacity to 6.5-million tonnes a year. The average gold production from the expanded KGP is expected to be about 150 000 oz/y over a ten-year mine life.
The expansion will also include the construction of additional accommodation capacity, which will maximise productivity during the plant construction phase and facilitate the additional personnel requirements of long-term operations.
The installation of a new tailings storage facility (TSF), using displaced waste material from the adjacent Berwick deposit, will meet the increased project deposition requirements.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an internal rate of return of 49%.
Capital Expenditure
$120-million, with a 20-month payback.
Planned Start/End Date
Construction of the expanded plant is scheduled for the fourth quarter of 2026.
Latest Developments
The project was approved in October 2024.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
Capricorn Metals, tel +61 8 9212 4600 or email enquiries@capmet.com.au.
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