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Australia
Iron Valley Mine

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

  Regional Office:
Level 2 1 Altona Street
West Perth
Western Australia, Australia
6005
Phone  ...  Subscription required
Fax+61-8-6311-3449
EmailEmail
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Financials
  • Fleet
  • Personnel
  • Filings & News

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Overview

StageProduction
Mine TypeOpen Pit
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Mine Life10 years (as of Jan 1, 2020)


Owners & OPERATOR

Source: p. 17
CompanyInterestOwnership
Mineral Resources Ltd. (operator)
BCI Minerals Ltd. 100 % Indirect
MRL awarded LOM mining services contracts

Deposit Type

  • 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.


Mining Methods

  • Truck & Shovel / Loader


Summary:

Current and planned mining of the resource is by use of conventional open pit methods.

Mine designs comprise detailed pit designs for the first two years of the Life-of-Mine plan with pit shells used to phase the remainder of the mine life. To mitigate the use of pit shells, 3.5Mt of Measured Mineral Resources within the optimisation shells and outside of the interim detailed designed pits have been downgraded to Probable Ore Reserve status. Operational waste dump and stockpile designs are in place with conceptual designs for the later phases of waste dump expansion and incorporation of tailings into an integrated waste landform.


Crushing and Grinding


Processing


Summary:

The metallurgical process currently in operation at Iron Valley is a conventional dry crushing and screening process producing lump and fines as Direct Ship Ore (“DSO”).

Lump and fines products are currently transported by road train to the port and shipped to market.

The planned plant expansion with beneficiation of fines will include an additional crushing circuit, wet screening, jigging and up-flow classification. These are all proven processing methods routinely applied for upgrading of Pilbara Iron Ores.

A comprehensive metallurgical evaluation of the Iron Valley deposit has been undertaken. The samples tested are reflective of scheduled ore production that will be mined from the deposit within the first three.


Production:

CommodityUnits20202019201820172016
Iron Ore M wmt  ......  Subscription required ^  ......  Subscription required  ......  Subscription required86.5
All production numbers are expressed as lump & fines. ^ Guidance / Forecast.
Subscription required - Subscription is required.


Reserves at June 30, 2019:

CategoryOreTypeTonnage CommodityGrade
Proven Stockpiles 4.6 Mt Iron 56.4 %
Proven In-Situ (OP) 52.3 Mt Iron 58.3 %
Probable In-Situ (OP) 32.2 Mt Iron 58.6 %
Proven & Probable Total 89 Mt Iron 58.3 %
Measured Stockpiles 4.6 Mt Iron 56.4 %
Measured In-Situ (OP) 81.8 Mt Iron 57.8 %
Indicated In-Situ (OP) 77.4 Mt Iron 58.5 %
Inferred In-Situ (OP) 26.1 Mt Iron 57.8 %
Total Resource Total 189.9 Mt Iron 58 %

Financials:

Units2019201820172016
Revenue M AUD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Pre-tax Income M AUD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
EBITDA M AUD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Subscription required - Subscription is required


Heavy Mobile Equipment as of August 25, 2015:
HME TypeModelSizeQuantity
Drill ....................... Subscription required 1
Excavator ....................... Subscription required 190 t 1
Truck (dump) ....................... Subscription required 90 t 5
Subscription required - Subscription is required.

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jun 22, 2020
....................... Subscription required ....................... Subscription required Subscription required Jun 22, 2020
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2019
................................... Subscription required 2019
................................... Subscription required 2018
Annual Report 2017
Year-end Mineral Reserves 2015
Subscription required - Subscription is required.

Subscription required - Subscription is required.

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