Prophet Makandiwa ‘mansion’ up for auction | Rc Dth Hammer

The below table summarizes operating, investing, and financing activities, main balance sheet items and the resulting impact on the company’s Net Debt position, with notes provide below.

As shown in Appendix 3, the variance in P&P reserves compared to the previous year is primarily due to mining depletion at the Vindaloo deposit while the M&I resource increased due to the 987koz maiden resource outlined at the Kari Pump discovery.

- Non-sustaining capital increased from $0.1 million to $3.3 million due to the pre-stripping of the West pit.

AISC amounted to $564/oz, well below the guided $580-630/oz range due to the outperformance of the operation and a lower than planned strip ratio in the second of half the year following a shift in the mine plan which delayed higher stripping to 2019.

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“I know some residents would prefer us to maintain a softer blend of water but it is essential that we make this change to help protect the local environment during the current hot dry weather.

The increase in operating cash flows from continuing operations was due to more ounces sold, due to a full year of Hounde production, at a higher gold price, resulting in operating cash flow before non-cash working capital increasing by 64% over 2017 to $261 million for 2018, representing $2.43/share.

Angel Garcia, of the Malaga province civil engineers’ association, told reporters that the workers’ priority is now to dig two parallel vertical tunnels.

Always optimistic, Rick observes that it is not a huge collapse, but concedes that the equipment has definitely moved away from the deck.

Production totaled 277koz, significantly exceeding full-year guidance of 250-260koz due mainly to both the mining activities and the process plant performing above their nameplate capacities.

There are a number of options for screen type and materials range from plastic to coated, or stainless steel. The choice of screen will have a significant impact on project budget but selecting the right screen (and gravel/filter pack) is absolutely critical to the long term performance and success of the borehole.Finally, the permanent pumping equipment and headworks is installed ready for the borehole to be commissioned and brought into service.

Climeworks’s current goal is to remove 1 percent of the world’s annual CO₂ emissions by the mid 2020s. Yet meeting such a benchmark, if it’s even possible, would require bringing the cost of direct air capture down by nearly an order of magnitude while maintaining and expanding their roster of clients substantially. At the moment, Wurzbacher and Gebald have planned for several generations of Climeworks machines, with each new model promising declining prices. “Basically, we have a road map — $600, down to $400, down to $300 and $200 a ton,” Wurzbacher said. “This is over the next five years. Down to $200 we know quite well what we’re doing.” And beyond $200, Wurzbacher suggested, things get murkier. To move below that price would depend on “new developments” in technology or manufacturing.