ASX- and NZX-listed New Talisman Goldmines has agreed terms to purchase a processing plant for the Talisman mine project, in New Zealand.
The plant, which uses modular gravity separation, has a 100 t/d capacity, which will be sufficient for the near-term production forecast of the mine, the company said in a statement.
The purchase is conditional on New Talisman conducting a successful capital raise and upon a physical inspection of the plant.
New Talisman recently applied for the inclusion of the project in New Zeland’s Fast Track Approvals Bill, which aims to streamline the approvals process for significant projects.
The Talisman mine has progressed to a state of readiness to begin production. The company previously accused the Department of Conservation of being “extremely slow” in progressing its long-term access arrangement and associated authority to enter and operate.
