De Grey Mining: Receives results from Mallina process design study

June 16, 2022

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De Grey Mining: Receives results from Mallina process design study

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Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

De Grey Mining Receives results from Mallina process design study

De Grey Mining (DEG) receives results for two important process flowsheet selections for its Mallina gold project, including the Hemi Deposit, in Western Australia
The flowsheets are the outcome of a nine-month trade-off study into the preferred process design for the project by pre-feasibility study (PFS) process engineer Wood Australia
De Grey says process flowsheet selections — comminution circuit and oxidation circuit — represent the best technical, environmental and economic outcomes for its plant
Each of the flowsheets represents key inputs into a planned PFS for Mallina, which is due in the September quarter of 2022
De Grey shares are up 1.26 per cent and trading at 96 cents per share at 12:42 pm AEST