Monday, 2 January 2012

Kalgoorlie Mining Company to sweeten profit margins with crushing circuit

Kalgoorlie Mining Company (ASX: KMC) has received approvals for a crushing circuit at the Bullant Gold Project, enabling it to crush its own ore and cease crushing by third parties.

The construction of a crushing plant will commence on site following the final works approval.  The crushing circuit is expected to be commissioned in the later part of 2012.

During the crushers first months of operation, all crushed material will be removed off site for processing at Barrick’s Kanowna Belle processing facility.

The use of a crusher will enable KMC to reduce processing costs, sweetening profit margins from gold production.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23687/kalgoorlie-mining-company-to-sweeten-profit-margins-with-crushing-circuit-23687.html

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