Media sources said that the bank could consider a floatation
along with other expansion possibilities such as acquisition of a bank.
Froth floatation of coal has been extensively studied and found to be feasible in enhancing the quality of coal by removal of unwanted minerals such as pyrite which is easily separated.
Very few studies have been completed on floatation of oil shale since the floatability of shales was found to be a difficult process .
The removal of inclusions from molten aluminum by floatation is a commercially accepted technique for improving metal cleanness," said Luiz Martins, RPT Technologies, Inc.
The rotary impeller degasser, used initially to remove hydrogen from liquid aluminum, has enabled foundrymen to enhance the floatation process.
A total of approximately US$37 million has been estimated to be required in direct costs to construct a 350 tonne per hour three-stage crushing circuit feeding a standard ball mill and sequential sulphide and oxide floatation
The prospective listing and floatation
, expected to happen at the end of the third quarter of this year, will not require the Company to change or drop its current listing in the United States and it presently has no plans to do so.
In February 2004, CSR floated on the London Stock Exchange in the largest UK technology floatation
in three years.
The excellent recovery of gold during floatation
and the ability of the floatation
circuit to produce a high-grade concentrate have allowed Chief to bypass the more expensive cyanide recovery circuit and sell the product directly to H&H Metals.
Concurrently with the offering, the Company expects to complete its pending initial floatation
of its shares on the Warsaw Stock Exchange and the sale of 2,250,000 shares to Telia AB of Sweden, the Company's largest shareholder.
PLANT with clarifying and conditioning tanks