https://www.engineeringnews.co.za

Hillgrove gets approval for Kanmantoo extension

Hillgrove gets approval for Kanmantoo extension

Photo by Bloomberg

24th July 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – The South Australian government has approved copper miner Hillgrove Resources’ mine-life extension at its flagship Kanmantoo copper project.

The miner said on Thursday that the Department of State Development had approved the programme for environment protection and rehabilitation (PERP) life-of-mine plan for Kanmantoo.

The approval provided the Kanmantoo operation with a 75% increase in processed ore, compared with the original PERP, and a mine-life extension until 2019, based on the current mine reserves. The approval also allowed for access to additional copper resources located within the mining lease.

“Finalising this process has provided a welcome degree of certainty for the current Kanmantoo mine programme and targets. It confirms the next stage in the planned mine life of the project, continuing employment for the local region, ongoing cash flow and potential for return of value to shareholders,” said Hillgrove MD Greg Hall.

He said that the company would now undertake a review of the exploration potential on the Kanmantoo mining lease, as well as the broader regional exploration tenements as part of possible future life extensions.

“Some of this will be based on conversion of resource and exploration target ranges into reserves, and some will be reviewing the potential for new mineralised zones.”

Hall said that the company’s recent acquisitions of the exploration and mining options over the Kitticoola private mine also acted as a step in this programme.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Showroom

Trotech
Trotech

Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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







301

sq:0.067 0.244s - 140pq - 2rq
Subscribe Now