A review by Premier African Minerals Ltd. of immediately available tungsten rich material at its RHA tungsten operations in Zimbabwe has estimated sufficient tonnage in the open pit and underground operations to support an initial three-year operation at 39,000 tonnes per month once the planned sorting system has been installed.
The installation of the proposed X-ray transmission system for ore sorting at the plant is expected by the end of November.
At the planned 39,000 tonnes per month of ore mined, RHA is estimated to produce about 10,000 metric tonne units of tungsten trioxide concentrate per month, which will bring in about US$1.1 million per month in gross revenue at the current net price of US$112 per metric tonne unit.