Mining Intelligence and News
Australia

Extension Hill Mine

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Australia

Extension Hill Mine

Location: 271 km SE from Geraldton, Western Australia, Australia

Address:

Office 10, Emerald House 1202 Hay Street
West Perth
Western Australia, Australia
6005

Contacts:

Additional Resources for Suppliers & Investors

Categories

Overview

Mine TypeOpen Pit
StatusCare and Maintenance
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
SnapshotBased on estimates of Mount Gibson Iron in 2023, the bulk of expenditure on decommissioning rehabilitation is expected to be incurred at Extension Hill within the next 1-2 years.

In late June 2023, Mount Gibson reached agreement to divest its Mid-West iron ore mining and infrastructure assets to fellow Mid-West producer Fenix Resources Limited.

On 24 July 2023, Fenix completed the acquisition with Mount Gibson to acquire its Mid-West iron ore rail and port assets. The assets that Fenix has acquired also includes: Assets at the Extension Hill Iron Ore Mine – Large scale operational crushing and screening plant, associated equipment, and interests in an operational 138 bed mining camp, all currently on care and maintenance.

Owners

SourceSource
CompanyInterestOwnership
Fenix Resources Ltd. 100 % Indirect
SourceSource

Deposit type

  • Banded iron formation

Summary:

The Extension Hill is a combined hematite and magnetite open cut mining operation. Extension Hill is a Banded Iron Formation (BIF) deposit.

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

CommodityUnits20202019201820172016
All production numbers are expressed as lump & fines.

Operational metrics

Metrics2019201820172016
Ore tonnes mined 1,892 kwmt4,085 kwmt1,899 kwmt4,595 kwmt
Waste 252 kwmt1,659 kwmt658 kwmt1,973 kwmt

Production Costs

Commodity production costs have not been reported.

Financials

Units2020201920182017
Revenue M AUD  ....  Subscribe 179.8   196.5   162  
EBIT M AUD  ....  Subscribe 60.8   36.5   33.8  
EBITDA M AUD  ....  Subscribe 65.1   42.2   36.1  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 31, 2023

Aerial view:

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