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Bullboard - Stock Discussion Forum BQE Water Inc V.BQE

Alternate Symbol(s):  BTQNF

BQE Water Inc. is a service provider specializing in water treatment and management for metals mining, smelting and refining. The Company has the expertise and intellectual property to support the mining and metallurgical industries in reducing life cycle costs and risks associated with water. Its sulphide precipitation technologies use biological or chemical sources of sulphide to selectively... see more

TSXV:BQE - Post Discussion

BQE Water Inc > More Very Positive News Out of China:
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Post by echo2 on Apr 22, 2021 5:34pm

More Very Positive News Out of China:

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BQE Water SART Plant for Gold Producer Zhaojin Enters Full Production

April 22, 2021

 

VANCOUVER, BC - BQE Water, Inc. (TSX-V:BQE), a leader in the management of mining and metallurgical waste streams, has advanced the SART plant it designed for a gold metallurgical facility owned by Zhaojin Mining Industry Company (“Zhaojin”), one of the largest gold smelting and leading gold producers in China, to full production. Located in the Eastern coastal province of Shandong, the SART plant is being operated under the ongoing technical supervision of BQE Water. 

Full production of the SART plant was reached rapidly within a month from initial start-up and notably, with zero safety incidents. The plant will continue to treat leach solution and is expected to recover approximately 600 tonnes of cyanide, 500 tonnes of copper and 350 tonnes of zinc annually. The recovered cyanide will be re-used within the metallurgical process and the copper and zinc will be sold to generate incremental revenues. This is the first SART plant in the world to recover copper and zinc as separate products.

“We are very proud of our China based operations team for another timely execution to commission the second ever SART plant in China. The Zhaojin SART plant is operating as intended even with the greater than anticipated base metal concentrations in the feed. Our ability to resolve operating issues for gold metallurgical facilities is not going unnoticed by other gold producers in the country,” stated Songlin Ye, Vice President for Asia at BQE Water.

David Kratochvil, President & CEO of BQE Water, added, “Safe and fast ramp-up to full production is essential to all projects. The Zhaojin plant demonstrates our proficiency to deliver this service for SART which requires uniquely advanced safety systems and operator training to mitigate cyanide and sulphide toxicity risks. The fact that we were able to ramp-up the plant under conditions that drastically differed from the design so quickly and without a safety incident is a testament to the experience and capabilities of our team.”

The successful start-up was achieved despite conditions that deviated significantly from design parameters. Copper and zinc concentrations in the plant feed exceeded design values by 600% and 200% respectively due to the historic build-up of cyanide soluble metals in the metallurgical process that impacted efficient gold extraction and triggered the need for SART.

This is the second BQE Water designed SART plant in China to go into full production, similar to the first for Shangdong Zhongkuang Group Company that was previously announced on March 9, 2021. The Zhaojin SART plant is also integrated with the existing gold metallurgical process facility and implementing SART at Zhaojin enables cyanide management which improves both the environmental performance and project economics of the metallurgical facility.

About the Significance of Cyanide Management for the Gold Mining Industry  
Regulations around the world are advancing and target not only residual cyanide contained in wastewater and tailings produced by mining and metallurgical operations but also place strict limits for cyanidation and cyanide destruction by-products such as ammonia, cyanate, thiocyanate and nitrite. A key aspect of cyanide management is cyanide recovery and recycle. The more cyanide that can be reused, the less fresh new cyanide that needs to be consumed and the less cyanide that must be destroyed by using additional chemicals which produce by-products requiring additional management. The goal is to ensure all discharges are non-toxic and do not cause impacts to the receiving environment. As such, proper cyanide management is key to the permitting of new projects and securing a social license for gold producers.

About the Significance of Shandong Province for China’s Gold Production
Gold output for Shandong Province reached 120 tonnes (3.8 M troy ounces) in 2018 and remained steady into 2020, and accounts for 30% of China’s total gold production. The province is home to the country’s top gold producers who are expanding their influence globally. In the region alone where BQE Water has designed and implemented two SART plants, there are more than a dozen metallurgical plants that focus on gold extraction and refining.

About BQE Water’s Expertise in Cyanide Management
BQE Water is a global leader in the SART process which enables cyanide consumed by base metals to be recovered and recycled, lowering the cost of gold extraction and reducing the environmental footprint of gold mining projects. BQE Water also provides solutions to manage the by-products of cyanidation and cyanide destruction such as ammonia, nitrite and thiocyanate removal.

About BQE Water
BQE Water is a service provider specializing in water treatment and management for metals mining, smelting and refining. We are helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enables more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed unique intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. BQE Water is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol BQE. Visit www.bqewater.com for more information.

Comment by Shark69 on Apr 22, 2021 8:19pm
That is good news - these guys really have grown ths company nicely and seem to be gaining the right momentum on plant builds and technology implementation.  Have to believe one of the bigger boys in thier space is watching.  Excited to see their 2020 figures, must be coming soon 
Comment by Dumont on Apr 22, 2021 9:26pm
While BQE would be an great asset to any of the big mining engineering companies, I certainly would recommend that TECK  COMINCO would benefit big time to have them as an operating subsidiary. Just to date it would have saved them a chunk of the estimated $1 Billion invested in Selenium abatement to date with a further $600 million more in the next couple of years due to  thinking they ...more  
Comment by Shark69 on Apr 22, 2021 10:03pm
Teck is not buying these guys, think about it.  Teck is a mining group that has spent $470M dollars chasing the wrong technology, how many heads would roll if they admitted they were wrong.  Also, its just not the way mining companies work, they dont buy technology, services, process companies.  But with respect Dumont, I just have to make a comment about "too bad it took 15 ...more  
Comment by Dumont on Apr 22, 2021 10:47pm
Couldn't agree more !
Comment by Barley1 on Apr 29, 2021 1:45am
Me too - with knobs on!!