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Australia

Karara Mine

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Summary

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotKarara is the largest mining operation and the first major magnetite mine in the Mid-West.

Karara has grown the project to a multi-billion tonne mineral resource, which is capable of sustaining a long life of mine. The project comprises a large, complex and fully integrated mining, processing and transport logistics operation designed to produce premium, high-grade magnetite concentrate for export to China.

No mine operations data has been publicly available since Gindalbie Metals Limited (‘GBG’) was removed from the Official List of ASX Limited on 24 July 2019, in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between GBG and its shareholders in connection with the acquisition of all the issued capital in GBG by Angang Group Hong Kong (Holdings) Limited.

As of 08 August, 2025, Karara Mining is advancing plans to revise its Karara Iron Ore Mine, which aims to support a new life of mine strategy, extending operational life.

Owners

SourceSource
CompanyInterestOwnership
Karara Mining Ltd. (operator) 100 % Direct
Ansteel Group Corporation Ltd. 100 % Indirect
Karara Mining Limited (KML) owns and operates the Karara mine.

Contractors

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Deposit type

  • Banded iron formation

Summary:

Mt Karara magnetite mineralisation is confined to a magnetite banded iron formation (BIF) lithological unit that occurs within a tightly folded and structurally disrupted northeast trending syncline. The Mt Karara syncline is characterised by a thick western limb dipping steeply to the east and a thinner and more structurally complex eastern limb that dips less steeply to the west, and it is the thick western limb that hosts most of the interpreted mineralisation. Where drilling has penetrated the base of the BIF, the syncline structure is interpreted to plunge steeply to the north. The drilling coverage has allowed the Mt Karara deposit to be modelled to a strike length of approximately 3km and the main mineralised zone has a width of approximately 500m. The BIF has been interpreted to extend vertically to depths of >700m below the surface.

Reserves

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Mining Methods

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Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityUnits2024202220212018201720162015
Iron (magnetite) kt  ....  Subscribe  ....  Subscribe  ....  Subscribe7,812 *8,067 *7,093 *5,863 *
All production numbers are expressed as concentrate. * Production numbers were reported as 'Average annual'

Operational metrics

Metrics2024202320222021202020192018201720162015
Annual ore mining rate
Annual production capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe8 Mt of iron (magnetite) concentrate8 Mt of iron (magnetite) concentrate
Annual ore mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe20,558 kwmt19,772 kwmt17,313 kwmt13,480 kwmt

Production Costs

Commodity production costs have not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 19, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 19, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2025
....................... Subscription required ....................... Subscription required Subscription required Nov 19, 2025
....................... Subscription required ....................... Subscription required Nov 21, 2025

Workforce

Total WorkforceYear
...... Subscription required 2013

Aerial view:

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