Australian Mines secures Flemington water licence
PERTH (miningweekly.com) – Metals developer Australian Mines has secured a permanent water licence for its Flemington cobalt/nickel/scandium project, in New South Wales.
“Securing a permanent water allocation that will more than cover the current proposed scale and life of the operation at the Flemington project is another major step in progressing this project towards development,” Australian Mines MD Benjamin Bell said on Tuesday.
“As this water licence was an existing allocation, which we purchased on the open market, a future mining operation at Flemington will have no impact on the total water usage by this region.
“This was a deliberate decision by Australian Mines as we seek to minimise our project’s footprint in this rural community. For this reason, we are presently assessing renewable energy options, such as solar, to power any mining and processing operation on site.”
In addition to securing the water licence, the company has also submitted a preliminary environmental assessment to the state government. The company is also working to start a prefeasibility study on the Flemington project in the coming quarter.
A previously released scoping study estimated that the project could deliver an after-tax cash flow of A$677-million over the first 18 years of operation. The operation is expected to produce 50 t scandium oxide from a 100 000 t/y plant, with the mine to produce at rates of between 90 000 t/y and 100 000 t/y run-of-mine feed.
Over the 18-year mine plan, the Flemington operation could deliver as much as 1.68-million tonnes of ore from the 3.3-million tonnes of ore available.
Comments
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation