Lincoln gets court support for iron-ore mine
PERTH (miningweekly.com) – ASX-listed junior Lincoln Minerals announced a major win on Wednesday, reporting that the Environment, Resources and Development Court of South Australian had directed the Minister for Sustainability, Environment and Conservation to grant a water licence to the proposed Gum Flats iron-ore mine.
The Minister had initially refused the company’s application for a water licence to extract groundwater at the proposed mine at the Gum Flats project area.
The company is proposing to mine hematite mineralisation at the Barns deposit and export up to 250 000 t/y direct shipping ore (DSO) via Port Lincoln, including upgrading about one-million tonnes a year of lower-grade hematite-goethite-magnetite to DSO-grade over a four- or five-year mine life.
The company said the groundwater permit would allow Lincoln to extract groundwater from the region's basement aquifer to progressively dewater a small part of that aquifer in order to lower and maintain the water level below the proposed iron-ore mining operations over the five-year Stage 1 mine life.
Independent modelling has shown that the water to be extracted on a yearly basis was well within the available 435 megaliter water allocation plan (WAP) for the basement acquifer, and the yearly reduction in saturated thickness of the aquifer, based on the proposed mine schedule, was consistent with the WAP.
With the groundwater licence now awarded, Lincoln would look to submit its draft mining lease proposal for the Gum Flats operation.
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