Honeymoon uranium mine, Australia – update
Name of the Project
Honeymoon uranium mine.
Location
South Australia, about 80 km north-west of Broken Hill, near the border with New South Wales.
Project Owner/s
Boss Energy.
Project Description
The project will produce 2.45-million pounds of uranium a year over an initial 12-year mine life.
Uranium produced over the life-of-mine is estimated at 20.74-million pounds of uranium.
In situ recovery has been chosen as the preferred method of mining.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$69.68-million.
Planned Start/End Date
Construction and development activities are proceeding on schedule to deliver first production in the fourth quarter 2023.
Latest Developments
Boss Energy is set to produce its first drum of uranium from the Honeymoon project in the current quarter.
This comes as the company started commissioning the first ion-exchange (IX) circuit within the processing plant.
The IX circuit will drive efficiencies at Honeymoon, increasing throughput to a nameplate capacity of 2.45-million pounds a year, while reducing ramp-up time and technical risks.
The IX milestone follows the continuous operation of the wellfields, water treatment plant, reverse osmosis system and required agents.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Boss Energy, tel +61 8 6263 4494 or email boss@bossenergy.com.
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