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West African Diamond says Plant 11 mine in Sierra Leone reaches full production |
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Tuesday, 15 January 2008 |
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LONDON (Thomson Financial) - West African Diamonds PLC said its Plant 11
tailings mine in Koidu in Sierra Leone, West Africa, has reached full production
and said it expects to make its first gold and diamond sales in the first
quarter of 2008. The precious metals explorer and developer said the first gold
pour has taken place and more than 3,100 diamonds (198 carats) have been
recovered to date. Overall output for the 7 mln tonne deposit is expected to be
about 0.4 gram per tonne gold worth 9 usd a tonne of ore and diamonds worth 3
usd a tonne of ore, it added. Deputy chairman James Campbell said: 'Plant 11,
which should produce revenue for a number of years, provides a sound foundation
on which to build our other mines in Sierra Leone and Guinea.'
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African Diamond says Plant 11 mine in Sierra Leone reaches full production |
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