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Australia

Governor Broome Project

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Categories

Summary

Mine TypeSurface
Study CompletedPreliminary Economic Assessment
Commodities
  • Heavy Minerals
Mining Method
  • Dredging
  • Dry mining
Mine Life... Lock
SnapshotThe Governor Broome Mineral Sands Project is a proposed dredge mining operation comprising the Fouracres and Jack Track deposits and designed to produce zircon, chloride- and sulfate-grade ilmenite, rutile, garnet and a rare earth mineral concentrate via third-party toll treatment of heavy mineral concentrate (HMC).

An updated Scoping Study (released 4 April 2024) outlines a 10-year development concept based on a combination of on-site wet concentration to produce HMC and off-site toll treatment at a mineral separation plant to generate final products.

Following completion of the Scoping Study, the Company will assess pathways to maximise value, including securing funding to advance the Project, evaluating potential joint venture partnerships, reviewing asset sale options and potential buyers, and considering other value realisation alternatives.

Owners

SourceSource
CompanyInterestOwnership
Venari Minerals NL 100 % Indirect
The Governor Broome Mineral Sands Project is owned 100% by Venari Minerals Ltd (formerly Astute Metals NL).

Contractors

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Deposit type

  • Placer
  • Mineral sands

Summary:

The Governor Broome Mineral Sands Project comprises the Fouracres and Jack Track deposits.

The Governor Broome Project mineralisation is hosted in unconsolidated beach sands occurring on the Scott River Coastal Plain. The geological character of the mineralisation is like that of other heavy mineral deposits occurring along the Swan Coastal Plain, which have a long history of mining and processing.

The mineralisation is hosted in beach placer facies sediments of the Pleistocene aged Barlee Shore-line on the southward facing Scott Coastal Plain. The host unit to the Jack Track Deposit mineralization – and that of the other deposits in the eastern section of R70/58 – is the Warren Sands, which do not contain significant clay.

A sub-surface Bunbury Basalt headland is present to the west of the Jack Track Deposit. The characteristics of both the Warren Sands-hosted mineralisation and of the underlying Beenup Beds, are markedly different on either side of the headland. To its east, both the Warren Sands and the immediately unconformably underlying Beenup Beds of the Cretaceous Warnbro Group are very fine grained, as are the heavy minerals.

To the west the grain sizes are larger, with most of the mineralisation within the western section of R70/58 and within R70/53 also being within the Warren Sands, but its lower portions are hosted within the Beenup Beds. The Beenup Beds sediments are of two main facies in the area: clayey sands and organic clays.

The clayey sands contain medium- to coarse-grained, angular to sub-angular, unconsolidated quartz and minor feldspar grains. The clay content, which is variable, tends to increase downward. Generally, it contains between 1% and 8% of valuable HM. Common accessory minerals are garnet, pyrite, and fine coal fragments.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Commodity Production

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
* According to 2024 study.

Production Costs

Commodity production costs have not been reported.

Operating Costs

CurrencyAverage
OP mining costs ($/t mined) AUD  ....  Subscribe
G&A ($/t mined) AUD  ....  Subscribe
Total operating costs ($/t mined) AUD  ....  Subscribe
* According to 2024 study.

Project Costs

MetricsUnitsLOM Total
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EBITDA (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 10% $M AUD  ......  Subscribe
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Pre-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 31, 2026

Workforce

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