https://www.engineeringnews.co.za

Radar scoping proves positive at Yerecoin

10th June 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – A scoping study for ASX-listed Radar Iron’s Yerecoin magnetite project, in Western Australia, has proven that the project is economically and technically viable.

The scoping study revealed that the Yerecoin main deposit would be the initial focus for mining activities, hosting an inferred resource of 146.5-million tons grading 68.8% iron and 2.8% silicon dioxide.

Radar was looking at a phased development for Yerecoin, with initial production targeted at 250 000 t/y of high-quality magnetite concentrate, using a small-scale production plant for an estimated capital cost of A$35-million.

Furthermore, the existing rail line adjacent to the Yerecoin project would be able to handle about 750 000 t/y of concentrate, prior to requiring any substantial upgrade.

Radar has now launched further studies aimed at increasing the level of technical knowledge and cost base for the entire mining and transport process.

The company would also initiate discussions with infrastructure providers to determine the best port option for Yerecoin and to increase the accuracy of current cost estimates.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

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

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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:0.049 0.915s - 140pq - 2rq
Subscribe Now