Mining Intelligence and News
Australia

Iron Valley Mine

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Australia

Iron Valley Mine

Location: 81 km NW from Newman, Western Australia, Australia

Regional Office:

The Quarter HQ, Level 1, 20 Sharpe Avenue
PO Box 870
Karratha
Western Australia, Australia
6714

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotWonmunna ore is blend with Iron Valley and the proposed Lamb Creek and Wedge mines creating Utah Point Hub.

Mineral Resources Limited (MIN) operates the mine entirely at its cost and purchases Iron Valley product from BCI Minerals Ltd. at a price linked to MIN’s realised sale price. BCI retains ownership of the tenements and certain statutory obligations, including payment of royalties.

Owners

SourceSource
CompanyInterestOwnership
BCI Minerals Ltd. 100 % Indirect
Iron Valley is 100% owned by BCI and is being operated by Mineral Resources Limited (MIN) under a royalty-type agreement.

Contractors

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SourceSource

Deposit type

  • Detrital Iron (DID)
  • Banded iron formation

Summary:

Mineralisation within the Iron Valley deposit occurs as outcropping and buried Banded Iron Deposit (“BID”) and Detrital mineralisation (“DID”). Outcropping geology in the project is the Dales Gorge, Whaleback Shale and Joffre Members of the Brockman Iron Formation which host the BID mineralisation (predominantly in the Joffre member). Incised into this bedrock geology are deposits of DID mineralisation.

The Iron Valley deposit extends approximately 6 km along a strike of 030°. Width varies from 50m to over 600m. Thickness varies from <15m to >120m.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

Utah Point Hub consists of Iron Valley and Wonmunna.
CommodityUnits20232022202120202019201820172016
Iron Ore Mt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe6.75.67.35.9
All production numbers are expressed as lump & fines. * Combined production for Iron Valley Mine and Wonmunna Mine

Operational metrics

Metrics202320222021
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe
Annual mining capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe

Production Costs

Commodity production costs have not been reported.

Financials

Units2023202220212020201920182017
Revenue M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 54.3   33   63.5  
Pre-tax Income M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 9.7   2.8   15.4  
EBITDA M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 12.3   5.6   18.3  

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 24, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 24, 2023

Aerial view:

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