News from an investor.....(Engineering Daily) reporter: 28 June.
Korea Engineering and Consulting Company (KECC) signed a contract for the basic design of the Youngwol tungsten mine redevelopment and will be fully involved in the the project.
The tungsten mine redevelopment project is led by Woulfe Mining, which is invested by IMC, which is a subsidiary of Warren Buffett Berkshire Hathaway. KECC will do the basic design related to the installation of the key sectors of mine crusher plant. The basic design contract was signed May 21.
Michel Gaucher from Woulfe Mining, Son Sang Cheol from Sangdong Mining, the equipment supplier METSO representative Chris Smith and the KECC President (CEO) were present.
According to Son Sang Cheol, the basic design was preceded by pre-feasibility and feasibility in 2012 and 2015. In early May the ground survey (geotechnical investigation) for the installation of the crusher and grinder plant location was conducted. According to the ground survey the basic design will be completed soon and the redevelopment of the full-scale mine will be pursued. KECC will be involved as EPC.
The Engineering Daily piece clearly refers to the "upcoming meeting in Sangdong" that was mentioned by the german poster "grauemuetze" in his posts on WS online forum. The following points should validate the full grauemuetze post, including by extension the rest of the discussion with Sangdong mine personnel.
- There was a meeting and announcement in Sangdong at the end of May
- Gaucher was at said meeting (he is in center of the photo in the piece and by the look on his face he had to know he was leaving the next day)
- METSO is the supplier for the crusher and grinder apparatus
- Korea Engineering and Consulting Company (KECC) is partnering with Woulfe for the design and will likely be the EPC for the mine redevelopment
The next few weeks should be interesting.
