BFS shows Discovery could extend Boseto mine life

ASX-listed Discovery Metals Limited (DML) on Tuesday reported that a bankable feasibility study (BFS) of its BOSETO copper project, in Botswana, has demonstrated the economic potential for the operations to continue beyond 15 years.

The BFS evaluated all aspects of the development of an openpit mine at BOSETO, which would produce and process three-million tonnes a year of copper/silver ore, over a five-year period.

The purpose of the BFS was to allow for the rapid development of the BOSETO site, with construction starting in the fourth quarter of this year, and commissioning of the concentrator set to start in the first quarter of 2012.  The development plan, in turn, evaluated the longer-term mining potential at BOSETO and included the establishment of both an open-pit and underground mine to feed the three-million ton a year concentrator.

Editor's Comment
Bulela Ditswe entry fee could hamper broke talent

The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...

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