Kingston Resources – Misima Gold Project 

Mincore was awarded the PFS for a 5.5 Mtpa Process Plant and Infrastructure, which was expected to produce 150,000 oz of gold per year for at least 15 years. A former plant owned by Placer had already produced 3.7 Moz from 1989 to 2004. The doré produced contained both gold and silver.

Mincore leveraged its experience in Papua New Guinea to obtain quotations for civil, SMP, and E&I contracts, and from Australian and South-East Asian suppliers for key equipment. Placer’s original plant was replicated as much as possible, as requested by the Client. The scope included a comminution circuit, leaching, CIL, detoxification, acid wash, elution, and refining, as well as a power plant and port rehabilitation. The PFS was completed in 12 weeks, and the CAPEX, OPEX, and cashflow estimate was prepared to ±25% accuracy.