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Mine Closure, Rehab and TMF

Tailings dam lifts, closure provisions, rehabilitation, and milestone CapEx chart.

LINKED PAGES:Go to Process PlantCapEx LOM

TMF Deposition Source

Ore: 2640kt/yr (Proc 9000 x 330d)×% tailings = 2508kt/yr
TMF Lifts
4
Total TMF Cap
23Mt
Tailings Rate
2508kt/yr
Closure Cost
$38M
Rehab Area
150ha

Tailings Dam Lifts

Tailings kt/yr:
LiftCapacity ktCost $MBuild Yrs

TMF Deposition vs Capacity

23Mt12Mt0
2.5
5.0
BUILD Lift 2
7.5
BUILD Lift 2
10.0
BUILD Lift 3
12.5
BUILD Lift 3
15.0
BUILD Lift 4 (Final)
17.6
BUILD Lift 4 (Final)
20.1
22.6
25.1
27.6
30.1
32.6
35.1
37.6
1
+2508kt
2
+2508kt
3
+2508kt
4
+2508kt
5
+2508kt
6
+2508kt
7
+2508kt
8
+2508kt
9
+2508kt
10
+2508kt
11
+2508kt
12
+2508kt
13
+2508kt
14
+2508kt
15
+2508kt
Cumulative Fill— Capacity LimitBUILD = construction start (lead = build yrs)Source: 2508kt/yr

TMF Fill Schedule (waterfall)

1
3Mt5Mt rem
2
5Mt3Mt remBUILD TMF Lift 2
3
8Mt0Mt remBUILD TMF Lift 2
4
10Mt4Mt remBUILD TMF Lift 3
5
13Mt1Mt remBUILD TMF Lift 3
6
15Mt4Mt remBUILD TMF Lift 4 (Final)
7
18Mt1Mt remBUILD TMF Lift 4 (Final)
8
20Mt3Mt rem
9
23Mt0Mt rem
10
25Mt0Mt rem
11
28Mt0Mt rem
12
30Mt0Mt rem
13
33Mt0Mt rem
14
35Mt0Mt rem
15
38Mt0Mt rem
FilledRemainingBuild trigger

TMF Cost Model — $/Tonne Tailings

Unit Cost = (Annual Opex + Annualized Capex) / Tonnes Deposited

Operating Costs (Opex)

Pumping & PipelineEnergy, wear parts, slurry transport
$M/yr
Water ManagementReclaim water, evaporation, treatment
$M/yr
Labor & MonitoringOperators, geotech monitoring, instruments
$M/yr
ConsumablesFlocculants, liners, filters
$M/yr
Total Annual Opex$5.0M/yr

Capital Costs (Annualized)

Dam Raises (all lifts):
$45M
Closure Works:
$25M
Water Treatment:
$8M
Post-Closure:
$5M
Total Capex:
$83M
LOM Years:
15
Annualized Capex (EAC)$5.5M/yr
TMF Cost per Tonne = (Annual Opex + Annualized Capex) / Tonnes Deposited
($5.0M + $5.5M) / 2,508kt =
$4.19 /tonne
Total Annual TMF Cost: $10.5M (2,508kt × $4.19/t)

Closure and Rehabilitation Provisions

Closure Works
$M
Water Treatment
$M (perpetual PV)
Post-Closure Monitor
$M (5yr)
Rehab Cost
$K/ha
Rehab Area
ha
Total Provision
$38M

TMF Risk Assessment

Failure Modes

ModeLikelihoodConsequenceRisk
OvertoppingLowVery HighHigh
Slope FailureLowVery HighHigh
Piping/SeepageMediumHighHigh
FoundationLowVery HighHigh
LiquefactionLowVery HighMedium
ErosionMediumMediumMedium
SeismicLowVery HighMedium

Controls & Monitoring

Piezometers12 units, 4 autoMonthly
Inclinometers6 unitsQuarterly
Survey Prisms24 prismsMonthly
Seepage Drains3 toe drainsContinuous
FreeboardMin 1.5mWeekly
Visual InspectionCrest & faceDaily
3rd Party ReviewIndependent eng.Annual
Classification
High C
Consequence
Major
Status
Satisfactory

Major CapEx Milestones

0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
TMF Lift 1
$15M
TMF Lift 2
$12M
TMF Lift 3
$10M
Filter Press
$5M
Mill Upgrade
$12M
Haul Road Ext
$3M
TSF Monitoring
$2M
Closure Rehab
$25M
Water Treatment
$8M
Post-Closure Mon
$5M
TMF
Processing
Infrastructure
Environment
Closure
Other
CLOSURE - TMF LIFTS - REHAB - MILESTONE CAPEX - WATERFALL
100%