• Data Access
  • Your Email  
  • Your Email  
Keep me signed in.
Forgot your password?
Close
  • Forgot Your Password?
  • Enter the email you signed up with and we'll email it to you.
  • Your Email  
Close
Back
MDO
Mining Data Solutions
  • Home
  • Database
  • Subscribe
  • Sign In
  • Sign In
Australia
Nifty Mine (Nifty OP Project)

This page is not tailored to
devices with screen width under 750 px.
 Location:
514 km SW from Derby, Western Australia, Australia

  Address:
Level 5, 197 St Georges Terrace
PO Box 7248 Cloisters Square PO WA 6850
Perth
Western Australia, Australia
6000
Phone  ...  Subscription required
EmailEmail
WebsiteWeb
Additional Resources for Suppliers & Investors
Drill results over 30 g/t Au
Stay on top of recent discoveries.
Search drill results by commodity and grade.
Largest mines in the Americas
Mining and mill throughput capaciites.
Full profiles of select mines and projects.
Deepest underground mines
Shaft depth and mill throughput data.
Full profiles of select mines and projects.
Heavy mobile equipment
HME type, model, size and quantity.
Full profiles of select mines and projects.
Permitting and construction projects
Projects at the permitting or construction stage. Full profiles of select projects.
Mines with remote camps
Camp size, mine location and contacts.
Full profiles of select mines and projects.
Mines & projects in Australia
A list of country's mines and projects.
Full profiles of select mines and projects.
  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Fleet
  • Personnel
  • Filings & News

Thank you for browsing through mine profiles compiled by the Mining Data Online team.

Would you like to subcribe or schedule a Demo?
  • Name:
     
  • Company:
     
  • Position:
     
  • Phone:
  • Email:
  • Message:

Overview

StatusCare and Maintenance
Mine TypeUnderground
Commodities
  • Copper
Mining Method
  • Open stoping
  • Backfill
Processing
  • Flotation
Mine Life5 years (as of Jan 1, 2017)
On the 26th November 2019 the Company suspended mining the Nifty Sulphide deposit and placed the Nifty Copper Operation on care and maintenance.
After completion of the Nifty Open Pit Scoping Study and restarting of the feasibility study - Life of mine (LOM) will increase to 10 years.
Latest NewsMetals X to sell copper assets to Cyprium     February 10, 2021


Owners

Source: p. 27
CompanyInterestOwnership
Nifty Copper Pty Ltd. (operator) 100 % Direct
Cyprium Metals Ltd. 100 % Indirect
Paterson Copper Pty Ltd holds the Nifty Copper Operation through its 100%-owned subsidiary Nifty Copper Pty Ltd.

In March 2021, Cyprium acquired 100% of the shares on issue held by Metals X Limited (“Metals X”) in Paterson Copper Pty Ltd.

Deposit Type

  • Stratabound (SMS)


Summary:

The Nifty deposit is hosted within the folded late-Proterozoic Broadhurst Formation which is part of the Yeneena Group. The Broadhurst Formation is between 1000 m to 2000 m thick and consists of a stacked series of carbonaceous shales, turbiditic sandstones, dolomite and limestone. Structurally, the dominant feature is the Nifty Syncline which strikes approximately southeast-northwest and plunges at about 6-12 degrees to the southeast. The stratabound copper mineralisation occurs as a structurally controlled, chalcopyritequartz dolomite replacement of carbonaceous and dolomitic shale within the folded sequence. The bulk of the primary mineralisation which is currently being mined is largely hosted within the keel and northern limb of the Syncline.


Mining Methods

  • Open stoping
  • Backfill


Summary:

Underground mining is currently carried out using open stoping methods and backfill. This is a bulk mining method where stopes (25m wide, 25 to 50m long and 40 to 60m high) are drilled and blasted and copper ore is loaded and hauled into to an underground crusher and conveying system.


Crushing and Grinding


Processing

  • Flotation

Source: Subscription required

Summary:

Sulphide ore processing occurs through the 2.8Mtpa processing plant via conventional comminution, grinding and flotation to produce a clean copper concentrate.

The conveying system transports the copper ore to the surface for processing by conventional flotation techniques.

Recoveries & Grades:

CommodityParameter2020201920182017
Copper Recovery Rate, %  ......  Subscription required  ......  Subscription required92.293.9
Copper Head Grade, %  ......  Subscription required  ......  Subscription required1.331.77

Production:

CommodityUnits2020201920182017
Copper t  ......  Subscription required  ......  Subscription required16,77423,264
All production numbers are expressed as metal in concentrate.
Subscription required - Subscription is required.

Operational Metrics:

Metrics2020201920182017
Ore tonnes mined  ......  Subscription required1,321,032 t1,361,019 t1,390,007 t
Tonnes processed  ......  Subscription required1,254,879 t1,361,371 t1,397,534 t
Annual processing capacity  ......  Subscription required2.5 Mt2.5 Mt2.5 Mt
Subscription required - Subscription is required.

Reserves at June 30, 2020:
On the 26th November 2019 the Company suspended mining the Nifty Sulphide deposit and placed the Nifty Copper Operation on care and maintenance pending the outcome of a strategic review to consider re-start scenarios. On this basis, the Company has taken the decision to withdraw the Ore Reserve estimation pending the completion of a re-start feasibility study.

CategoryOreTypeTonnage CommodityGradeContained Metal
Total Resource Heap leach 3,310 kt Copper 0.74 % 23 kt
Total Resource Sulphide 39,650 kt Copper 1.51 % 598 kt
Total Resource Oxide 4,330 kt Copper 0.86 % 37 kt
Total Resource Total 47,290 kt Copper 1.39 % 658 kt

Commodity Production Costs:

CommodityUnits2020201920182017
All-in sustaining costs (AISC) Copper AUD  ......  Subscription required†  ......  Subscription required† 9,538 / t† 7,345 / t†
C1 cash costs Copper AUD  ......  Subscription required†  ......  Subscription required† 8,471 / t† 5,345 / t†
All-in costs Copper AUD  ......  Subscription required†  ......  Subscription required† 9,707 / t† 7,409 / t†
† Net of By-Product.
Subscription required - Subscription is required.

Financials:

Units2020201920182017
Sustaining costs M AUD  ......  Subscription required  ......  Subscription required10.4  
Capital expenditures M AUD  ......  Subscription required  ......  Subscription required12.3   9.4  
Revenue M AUD  ......  Subscription required  ......  Subscription required128   180.1  
Gross profit M AUD  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required


Heavy Mobile Equipment as of October 4, 2019:
HME TypeSizeQuantity
Truck (underground) 50 t ....................... Subscription required
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jul 21, 2021
....................... Subscription required ....................... Subscription required Subscription required Jul 21, 2021
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
................................... Subscription required 2019
................................... Subscription required 2019
Annual Report 2018
Annual Report 2017
Quarterly Report 2017
Subscription required - Subscription is required.

News:

NewsDate
Metals X to sell copper assets to Cyprium February 10, 2021
Metals X considers sale of WA copper assets July 3, 2020
Metals X suspends operations at Nifty copper mine November 26, 2019

Aerial view:

Subscription required - Subscription is required.

Terms of Use Privacy Policy © 2017-2022 MDO Data Online Inc.