With the new year just weeks away, what can we as a mining sector look forward to next year?
FMG is developing an iron or and rail project near Port Hedland in Pilbara worth around $1.3 Billion. It is estimated to have an annual production rate of 170 million tonnes over 20 years. The project will be an open out mine with a dry ore processing facility.
With over 1000 construction jobs and 650 operational roles, the first ore is expected December 2020.
New South Wales
Construction began early 2019. DRA Global was awarded the Engineering, Procurement and Construction contract (EPC).
The project will produce 50,000 ounces of gold per annum for six years. As part of the project, DRA will develop a 355,000 tonne per annum processing facility and back fill plant.
First ore is expected t be processed in early 2020.
The project will be a 4.25 metric tonnes per annum, underground operation. Site infrastructure including accommodation, airstrip, and dual access declines were completed in 2018, with phase 2 currently underway. This includes the processing plant, storage facility, roads and power lines.
The first ore is expected December 2020.
Located just 55 km outside of Adelaide, the project is will be up their as one of the most attractive mining locations.
Approximately 245 people will staff the mine and is likely to start up next year.
The project will achieve its first ore in 2020 and will provide additional ore into the already existing production till 2023.