Aditya Birla completes Mt Gordon scoping
PERTH (miningweekly.com) - A scoping study into ASX-listed Aditya Birla Mineral’s Mt Gordon copper project, in Queensland, has revealed that the mine could deliver some four-million tons a year of ore, over a life-of-mine of nine years.
The scoping study was based on an underground operation using the sublevel cave (SLC) mining method, and targeted a total production of some 49-million tons.
The Mt Gordon project has an estimated mineral resource of 162-million tons, grading 1.28% copper; however, Aditya Birla said on Wednesday that no ore reserves had been identified by the scoping study, and added that there was no certainty that further exploration work would result in the determination of an indicated mineral resource or that the production target would be realised.
Aditya Birla was now looking to undertake further work on the geotechnical analysis to determine the applicability of the SLC method, as well as reviewing the mine design to determine the potential to bring forward production from Mammoth Deeps resource and openpit mine the top part of the Esperanza South resource.
The ASX-listed company would also undertake studies for larger process plant capacities, and would look at environmental issues, such as dewatering the Esperanza pit.
A materials-handing study would also be undertaken.
Meanwhile, Aditya Birla had appointed financial services provider ANZ to carry out a strategic review of the Mt Gordon operations, and to advise on various strategic options, based on the scoping study results.
The strategic review would include corporate and operational strategies for Mt Gordon. The review was expected to take several months to complete.
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