THE BOURSE WHISPERER: Pioneer Resources (ASX: PIO) announced it has received government approval for the mining plan for the Sinclair caesium mine.
The Sinclair mine is part of the company’s 100 per cent-owned Pioneer Dome project in the Eastern Goldfields of Western Australia, which includes the Sinclair Zone Caesium Deposit.
Pioneer Resources said it the Western Australia Department of Mines Industrial Relations and Safety had given its approval the project’s Mining Proposal, including Mine Plan and Mine Closure Plan, as well as the Project Management Plan.
These add to the advancements already achieved at the project, including nomination of a Preferred Mining Contractor.
Dates for the commencement of mining will now be firmed up, as too will the commencement of infrastructure establishment and ground preparation that are scheduled to start during August 2018.
These include construction of site access, mobilisation of site buildings, site clearing, soil stockpiles and first blast drilling.
The Mine Fleet mobilisation is planned for September 2018.
“With the receipt of the Mining Proposal and Project Management Plan approvals, the company will complete final documentation with the State and Contractors, and work to a Commencement of Mining Operation start-date during the September quarter,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.
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