https://www.engineeringnews.co.za

Iron Hill gets enviro nod

9th December 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – The Western Australian Environment Minister has approved ASX-listed Mount Gibson’s Iron Hill project.

“We welcome this important environmental approval of the Iron Hill mine, which takes us one step closer to commencing mine development in early 2017,” Mount Gibson CEO Jim Beyer said on Friday.

On the receipt of final regulatory approvals, Mount Gibson will proceed with the development of Iron Hill.

The Iron Hill project is about 3 km south of the recently depleted Extension Hill openpit, and will only require between A$2-million and A$3-million to develop, as it will use the company’s existing mine facilities and logistics arrangements.

All-in cash costs for Iron Hill are expected to be consistent with those of Extension Hill, and the project is estimated to have a total mineral resource of 8.8-million tonnes, grading 58.3% iron.

Mount Gibson expects to sell between 2.8-million and 3.1-million tonnes of ore in the 2016/17 financial year, comprising a mix of run-of-mine material from the Extension Hill and Iron Hill deposits, supplemented by opportunistic sales from existing low-grade stockpiles.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.403 0.459s - 156pq - 2rq
Subscribe Now