Overview
| Status | Closing / Closed |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Processing |
|
24 February 2021 - Extension Hill site is now transitioning to final closure, with much of the 9 million AUD provision for rehabilitation to be incurred over the next 12 months. |
Source:
p. 14
Summary:
The Project is a combined hematite and magnetite open cut mining operation. Hematite ore and magnetite bearing Banded Iron Formation (BIF).
Summary:
The Project is a combined hematite and magnetite open cut mining operation. Hematite ore and magnetite bearing Banded Iron Formation (BIF) will be mined by conventional open cut methods of blasting and excavation with material loaded onto trucks and transported to stockpile areas.
Source:
Summary:
The hematite is direct shipping grade ore and no processing of the ore is required other than the crushing and screening of the ore into fines (<6.3mm) and lump (6.3 – 32.0mm).
Ore is mined, crushed and screened on-site, transported by sealed road 85km to Perenjori, where it is loaded onto rail wagons and railed 240km to the Geraldton Port. Mining commenced at Extension Hill in the 2011/12 financial year.
Production:
| Commodity | Units | 2020 | 2019 | 2018 | 2017 | 2016 |
|
Iron (hematite)
|
kwmt
| ...... | ...... | 3,507 | 3,292 | 3,895 |
All production numbers are expressed as lump & fines.
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Operational Metrics:
| Metrics | 2019 | 2018 | 2017 | 2016 |
|
Ore tonnes mined
| ...... | ...... | 1,899 kwmt | 4,595 kwmt |
|
Waste
| ...... | ...... | 658 kwmt | 1,973 kwmt |
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Reserves at June 30, 2020:
Mineral Reserves and Resources are reported at a cut-off grade of 50% Fe.
| Category | Tonnage | Commodity | Grade |
|
Measured
|
1.3 Mt
|
Iron
|
55.3 %
|
|
Indicated
|
0.3 Mt
|
Iron
|
57.3 %
|
|
Inferred
|
0.2 Mt
|
Iron
|
56.6 %
|
|
Total Resource
|
1.8 Mt
|
Iron
|
55.8 %
|
Commodity Production Costs:
| | Commodity | Units | 2020 |
|
Cash costs (sold)
|
Iron (hematite)
|
AUD
|
......
|
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Financials:
| | Units | 2020 | 2019 | 2018 | 2017 | 2016 |
|
Revenue
|
M AUD
| ...... | ...... | 196.46 | 162.04 |
175.21
|
|
EBIT
|
M AUD
| ...... | ...... | 36.5 | 33.8 |
2.08
|
|
EBITDA
|
M AUD
| ...... | ...... | 42.2 | 36.1 |
9.15
|
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Aerial view:
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