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Canadian gold miner will produce iron ore in Brazil-有色金属展-铜材展-2024年广州国际有色金属工业展览会-The 24th China(Guangzhou) Int’l Non-Ferrous Metals (Copper) Exhibition
3/11/2024 有色金属展-铜材展-non-ferrous metals expo |
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Canada-based Tucano Gold Inc. announced this week in the PDAC convention in Toronto that it is launching the brandTucano Green lron, which will produce and sell iron ore in the Brazilian northern state ofAmapá.The company is currently reactivating a gold mine in the state, which includes a magnetite processing plant. located inthe middle of the gold production system.
The plant operated in 2013 and 2014, producing an iron ore concentrate with an iron contents in the range of 66 to 67percent, at a cost of less than $4/mt, but it was idled since then due to the low price of the ore.The production plans include in a first stage the annual production of 500.000 mt of iron ore with 66 percent ironcontents, at a cost of $5/mt.
In a second stage, the production would be increased to 1.0 milion mt per year, at a cost of $10/mt, and an ironcontents of 70 percent.
The company also counts on tailings of 35 milion mt of iron ore with an iron contents of 10 to 16 percent. that could beprocessed into 5 million mt of high-grade ore.
有色金属展-铜材展-2024年广州国际有色金属工业展览会-The 24th China(Guangzhou) Int’l Non-Ferrous Metals (Copper) Exhibition
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