- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Silver47 Exploration
Purpose Bitcoin ETF
Fidelity Advantage Bitcoin ETF
Jindalee Lithium
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Cancana to Expand Capacity at Manganese JV to 50,000 Tonnes per Year in 2016
Cancana Resources (TSXV:CNY) announced that its joint venture Brazil Manganese Corp. has received the engineering report for Ausenco Ltd, based on an audit of its two plant operations, which recommended ways to optimize and increase production.
Cancana Resources (TSXV:CNY) announced that its joint venture Brazil Manganese Corp. has received the engineering report forĀ Ausenco Ltd, based on an audit of its two plant operations, which recommended ways to optimize and increase production.
As quoted in the press release:
The report recommended that the best way of optimizing and increasing production is to concentrate operations at the Jaburi plant. The goal is to achieve cost savings through streamlining the plant, as well as providing reliable conditions for the company to achieve its production and safety goals.
The improvements recommended include: the update of some equipment, such as jigs and crushers; revamping of some conveyor belts; upgrades in the water and tailings systems; connection to the local power grid; and a few additional infrastructure adjustments. Ā Some of these improvements have already been implemented to increase current efficiency and capacity.Ā The revamped Jaburi plant will be able to process both colluvium and primary vein material present at the project. Based on the recommendations, plant production capacity in 2016 is targeted at 50,000 tonnes of high-grade, finished product per year.
Anthony Julien, president and CEO of Cancana, commented:
With this engineering plan we have a clear path to more than doubling current production capacity, and lower costs.Ā We have exceeded our goals for improving the efficiency of our current operations and with first results from our underground exploration to appear soon, we have been able to demonstrate significant progress in both major parts of our project.
Click here to read the full Cancana Resources (TSXV:CNY) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to theĀ cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Ā