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Bullboard - Stock Discussion Forum Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd. > Estimated Floatation of Gold Concentrate
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Post by nozzpack on Apr 27, 2021 11:03am

Estimated Floatation of Gold Concentrate

For those who dont understand  mass pull ( %) it  is  the % of the ore  sent to floatation that ends up as pulled concentrate  
This number needs to be as small as possible to consider floatation  to be selective.

The average for the selected samples was 6.5 % which is quite good.

The floatation plant has a capacity of 950,000 tons per year.

With a mass pull of 6.5 %,  approximately 61,000 tons of gold concentrate will be produced ( 950,000 tons X 0.065 ) with an average grade just above 1 oz of gold per ton.

In other words about 60,000 ouces per year
Comment by SilverNS on Apr 27, 2021 11:11am
Very Nice
Comment by nozzpack on Apr 27, 2021 11:15am
I should have added that this sulphide concentrate must be shipped to the customer and refined subsequent to its production. A rough guess is that Monument will be credited with about 75-80 % of the contained ounces in the concentrate. That is, about 45,000 attributable ounces valued at  $1700 per ounce =  about $75  million US or about $95 million in CAD. This is at full ...more  
Comment by romara on Apr 27, 2021 1:05pm
If this is the method..... this would explain the process ....  Richard Sulphide Gold Flotation Concentrate CIL Leaching Gravity Gold – Rougher Concentrate Flotation CIL Leaching & Refining: This mineral processing plant is to recover gold from sulphide ore deposits. Provided here are all major equipment for a plant arranged to recover gravity gold, float a gold rich sulphide ...more  
Comment by romara on Apr 27, 2021 1:07pm
Thye flow sheet: .... Richard
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