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Paris Hills phosphate project, US

29th March 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Paris Hills phosphate project, Idaho, US.

Client
Stonegate Agricom.

Project Description
The sedimentary phosphate deposit of the Paris Hills property’s is one of the highest-grade deposits in the world and is the highest-grade deposit on the Americas that is being mined, explored or developed.

The project has mineral reserves of 16.7-million tons of direct shipping, concentrate-quality phosphate rock, with an average life-of-mine grade of 29.5% phosphorus pentoxide.

The feasibility study completed on the project envisages production of 904 000 t/y of saleable concentrate over a 19-year mine life from underground bord-and-pillar mining of the horizontal limb of the lower phosphate zone.

Value
Initial project capital is estimated at $121-million.

Duration
Initial production is expected to start in the fourth quarter of 2014.

Latest Developments
The required permits for the mine are expected to be obtained during 2013 and 2014.

Key Contracts and Suppliers
Agapito Associates (feasibility study).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Stonegate Agricom, tel +1 416 864 0303, fax +1 416 860 0813 or email wcheveldayoff@stonegateagricom.com.
Agapito Associates, tel +1 970 242 4220 or fax +1 970 245 9234.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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