27th Feb 2014 15:31
LONDON (Alliance News) - Minco PLC Thursday said it has defined the hydrometallurgical process for the company's 100% owned Plymouth manganese deposit in Canada.
The manganese focused miner said it has completed a bench scale test programme at the site which successfully produced commercial grade electrolytic manganese metal containing between 99.71% and 99.75% manganese.
Minco said the programme has defined a viable technology for processing of the deposit that employs high-gradient magnetic separation, leaching, solution purification, electrowinning and waste management.
The company said the definition of processing and test production allows the company to complete a preliminary economic assessment of its Woodstock manganese project.
Minco said contracts for the PEA have been jointly awarded to independent consultants Tetra Tech and Thibault and Associates, while it is expected for completion during the second quarter.
Minco shares were trading up 3.2% at 2.45 pence Thursday afternoon.
By Tom McIvor; [email protected]; @TomMcIvor1
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