MZI increases Keysbrook resources
PERTH (miningweekly.com) – Mineral sands developer MZI Resources has reported a 68% increase in the mineral resource of its flagship Keysbrook project, in Western Australia, to 155-million tonnes, from the previous 92-million tonnes.
MZI on Friday said the increase in the resource was owing to exploration completed in the first part of the year.
The Keysbrook deposit itself recorded an increase in resources, from 79-million to 90-million tonnes, containing some two-million tonnes of heavy minerals.
The drilling programme also discovered the Yangedi deposit – to the immediate west of the Keysbrook deposit – which had a current resource of 51-million tonnes.
MZI noted that the increase in mineral resource at the Keysbrook area indicated a potential project life of more than 30 years, based on the current planned production rates, and subject to landowner access agreements, as well as environmental and planning approvals.
An updated ore reserve would be completed by the end of the year, prior to the start of production at Keysbrook.
MZI aims to produce more than 95 000 t/y of leucoxene and zircon from Keysbrook over the initial 5.5-year lifespan, which the company was hoping to increase.
The $70-million project was expected to produce its first mineral sands in early 2016.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
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















