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SCY – Nyngan Scandium Mine Development – New South Wales - Project Profile

SCY – Nyngan Scandium Mine Development – New South Wales - Project Profile

Synopsis

"SCY – Nyngan Scandium Mine Development – New South Wales - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "SCY – Nyngan Scandium Mine Development – New South Wales - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Scandium International Mining Corp. (SCY) through its subsidiary EMC Metals Australia, Scandium Investments LLC (SIL), is undertaking the development of a scandium mine in Nyngan, New South Wales, Australia.

The project involves the development of a scandium mine on 2,925ha of land with a production capacity of 0.071MTPA of ore. It includes the construction, development, and operation of surface and underground open pit/long hole stopping zinc mine and associated infrastructure.

The project includes the construction of a residue storage facility (RSF), a 15Ml water storage pond, administrative offices, a car park, a laboratory, a combined workshop and warehouse, a combined electrical switchroom and control room, a covered reagent storage facility, roads and other related facilities.

Altrius Engineering Services Pty Ltd, Hazen Research, Inc., Jervois Mining Limited, Knight Piesold (Pty) Ltd., Larpro, Lycopodium Minerals Pty Ltd, Metcon Laboratories, Mining One Pty Ltd, Rangott Mineral Exploration Pty. Ltd., Roberts & Schaefer Company, SGS Minerals Services, SNC-Lavalin Group Inc has been appointed as the consulting engineers for the project.

In February 2010, SCY entered into a joint venture agreement with Jervois to develop the Nyngan property as a scandium project.

In 2011, SCY appointed Hazen Research, Inc., (Hazen) to test acid baking techniques and solvent extraction (SX) processes with Nyngan resource material and SGS-Lakefield (Ontario) to test pressure acid leach techniques on Nyngan resource, as a replacement for or an enhancement to acid bake techniques done earlier in the year by Hazen.

In 2012, SCY appointed SNC-Lavalin to do an economic study for management, utilizing an acid bake flow sheet and SX work from the Hazen test program.

In 2014, SCY published a preliminary economic assessment ("PEA") entitled NI 43-101F1 Technical Report on the Feasibility of the project.

On June 24, 2014, SCY entered into a US$2.5 million loan facility with SIL, a company owned by a US private investor group (the “2014 Loan”).

In October 2014, SCY completed a preliminary economic assessment1 for the project.

In 2015, SCY amended and refilled the 2014 PEA Report as the "Amended Technical Report and Preliminary Economic Analysis on the project.

In March 2015, SCY signed a memorandum of understanding (MoU) with Alcereco.

On January 29, 2016, the Mineral Resource Estimate was completed.

On April 15, 2016, the process engineering and economics was completed.

In May 2016, SCY submitted Environmental Impact Statement (EIS) and the definitive feasibility study completed.

In November 2016, SCY received primary approval for the project.

On May 3, 2017, SCY received environmental and Mining Lease approvals for the project.

On May 31, 2017, SCY awarded an engineering, procurement and construction management (EPCM) contract to Lycopodium Minerals. The scope of work includes project management, engineering design and management, procurement services, contracting services, construction management and commissioning.

SCY awaiting final major approvals from NSW Government and financing for the project implementation.

Scope

The Nyngan Scandium project involves the development of a scandium mine on 2,925ha of land with a production capacity of 0.071 million tonnes per annum (MTPA) of ore in Nyngan, New South Wales, Australia.

The US$65 million project includes the following:

1. Construction of a residue storage facility (RSF)

2. Construction of a 15Ml water storage pond

3. Construction of administrative offices

4. Construction of a car park

5. Construction of a laboratory

6. Construction of a combined workshop and warehouse

7. Construction of a combined electrical switch room and control room

8. Construction of a covered reagent storage facility

9. Construction of roads

10. Construction of related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Tender Information
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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