Bankable Feasibility Study

The Bankable Feasibility Study (BFS) is due to be completed during 2013. Lycopodium Minerals (Perth, Western Australia) has been appointed the BFS Engineering Contractor.

Key Contractors and Consultants

Lycopodium, BFS Engineer

• Unparalleled Tanzanian mine development expertise
• Strong process and logistics capabilities
• Previous Tanzania projects include Golden Pride, Geita, Buzwagi
• Nickel laterite experience at Kabanga (Tanzania) and Onca Puma (Brazil)

Knight Piesold, Geotechnical Engineer

• Experienced working with Lycopodium
• Joint Tanzania projects with Lycopodium include Geita, Buzwagi
• Nickel laterite experience at Ravensthorpe and Bulong (Western Australia)

SGS, Pilot Plant Laboratory

• Pilot plant experience and equipment
• Piloting for Ravensthorpe atmospheric leach process (Western Australia)

Citrus Partners, ESIA

• International ESIA consultants - IFC projects
• Experience includes Oyu Tolgoi (Mongolia), Bisha (Eritrea)

MTL, ESIA

• National Tanzanian consultant
• Experience includes African Barrick and Mantra Resources