Marengo: Yandera job smooth

By MALUM NALU
MARENGO Mining’s work on its Yandera project in Madang province proceeded well during the June quarter, according to its latest quarterly report released this week.
The report said the primary activity during the quarter was to continue activities leading to the completion of a feasibility study on the Yandera project.
“This work is running in parallel with the completion of an environmental impact statement (EIS) for submission to the Department of Environment and Conservation,” the report said.
“It is anticipated that these documents would be completed towards the end of the current quarter, ahead of an EPC (engineering, procurement and construction) pricing to be submitted by the company’s Chinese strategic engineering partner, NFC (China Nonferrous Metal Company), during fourth quarter of this year.
“The Yandera project development concept is for a full open-cut mining operation and subsequent processing operation to be located at Yandera, with copper concentrate, and by-product magnetite concentrate being delivered to a port facility in the Madang area by way of pipeline.”
Molybdenum concentrate will be delivered by road transport due to the smaller volumes of this high-value product from the proposed mining operation, the report said.
 “An integrated rock waste and process tailings facility is being designed to be located in the vicinity of the Yandera deposit, under stringent criteria, to ensure that the highest levels of environmental integrity are retained.