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Mining Weekly reported Gippsland (ASX:GIP) has approved the expansion of the processing plant at the Abu Dabbab alluvial tin project in Egypt.
Mining Weekly reported Gippsland (ASX:GIP) has approved the expansion of the processing plant at the Abu Dabbab alluvial tin project in Egypt.
As quoted in the market news:
The company said on Monday that its board had approved the immediate purchase of a demountable modular gravity separation plant with a nominal treatment capacity of 50 t/h of minus 2 mm alluvial material.
The spiral plant was scheduled for delivery in early January, and would be in full production by the end of that month. It was expected that a total capital investment of around $550 000 would be required, with the payment of $440 000 deferred until March 2013.