UK-based mining technology company, Cycladex, has signed a non-exclusive license with India-based miner and processor, MCME, for the use of proprietary green technology that is cyanide-free at its Mauritanian gold mining operations.
Cycladex’s carbon-cutting technology can be implemented on existing facilities, with the company’s primary objective to reduce water usage, recovery time, operating costs, and the mine’s operational carbon footprint.
“I am delighted that our technology is now spreading around the world, as our demonstration plant has completed commissioning, our customers feel very comfortable in the scalability of the technology,” states Roger Pettman, Executive Chairman of Cycladex.
MCME will also establish a Cycladex plant in Mauritania, which will feature a daily capacity of 300 to 500 tons of ore and is expected to come online by mid-2022. Key elements of manufacturing equipment have been ordered by MCME, which is based on a processing plant in Arizona, designed and commissioned by Cycladex.
“After a benchmark of all the non-cyanide technology available, we took the decision to go forward using Cycladex technology,” stated Anil Reddy, CEO of MCME, adding that, “This decision has been motivated by the reduced processing time, the limited quantity of water, and the impressively reduced footprint. The other plus is the detailed technology transfer documentation the Cycladex team has put together, and their innovative plant design.”
According to Reddy, due to modern environmental policies, this innovative technology is indicative of the future of the global mining industry and its role in the energy transition.
Mining represents one of Mauritania’s most important industrial sectors, contributing to approximately 12% of its GDP and more than half of the west-African country’s export earnings. The diversification, development, and promotion of Mauritania’s mining sector has been highlighted as a priority by the government, with a number of foreign companies expressing interest in various mining projects in the west-African country, ranging from exploration to development.
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