Mining Intelligence and News
Australia

Rocklands Mine

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Categories

Summary

Mine TypeOpen Pit
StatusCare and Maintenance
Commodities
  • Copper
  • Cobalt
  • Gold
  • Magnesium
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotOn November 21, 2024, Copper Resources Australia Pty Ltd was placed under external administration by Cor Cordis due to financial difficulties.

A decision has been made to immediately transition the Company’s Rocklands Mine Project into care and maintenance, allowing the Administrators the necessary time and resources to explore opportunities to recapitalise and/or restructure the Company.

Owners

SourceSource
CompanyInterestOwnership
Copper Resources Australia Pty Ltd. (operator) Direct
Thomas Birch, Stephen Earel and Jeremy Nipps of restructuring advisory firm Cor Cordis, have been appointed Voluntary Administrators of Copper Resources Australia Pty Ltd. on 21 November 2024.

Copper Resources Australia Pty Ltd is the operator of the Rocklands Mine Project.

Deposit type

  • IOCG
  • Vein / narrow vein

Summary:

Hosted within metamorphosed meso-Proterozoic age volcano-sedimentary rocks and intrusive dolerites of the Eastern Fold Belt of the Mt Isa Inlier. Dominated by dilational brecciated shear zones containing coarse patchy to massive primary mineralisation, with high-grade supergene chalcocite enrichment and bonanza-grade coarse native copper in oxide. Structures hosting mineralisation are sub-parallel, east-southeast striking and steeply dipping. The observed mineralisation, and alteration, exhibit ffinities with Iron Oxide-Copper-Gold (IOCG) style deposits. Polymetallic copper-cobalt-gold mineralisation, and significant magnetite, persists from the surface, through the oxidation profile, and remains open at depth.

The Rocklands copper-cobalt-gold mineralisation is hosted in a series of subparallel, east south east trending, steeply dipping zones. Mineralised lodes occur within a metamorphosed sedimentary succession of siltstone, sandstone/quartzite, quartz magnetite/jaspilite lenses, calcareous beds and calc-silicates of Proterozoic age. Copper is the dominant mineralisation at Rocklands, lesser amounts of cobalt and gold. Copper mineralisation extends from surface to depth with overlapping oxide, secondary and primary styles of copper mineralisation. Mineralisation appears to be associated with and controlled by steeply dipping, west northwest trending, linear, structures that cut the shallow dipping metasedimentary sequence at a high angle.

Copper mineralisation extends from surface and is open at depth with overlapping oxide, secondary and primary styles. Primary sulphide mineralisation occurs at the base of a thick secondary mineralisation sequence of native copper and chalcocite with a minor complete oxidation zone.

Reserves

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Mining Methods

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Heavy Mobile Equipment

Fleet data has not been reported.

Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityUnits2017
Copper t 26,956
All production numbers are expressed as metal in concentrate.

Operational metrics

Metrics2017
Ore tonnes mined 843,908 t
Tonnes processed 897,388 t

Production Costs

Commodity production costs have not been reported.

Mine Financials

Units2017
Revenue M AUD 79.6  
Gross profit M AUD -6.4  
After-tax Income M AUD -135.6  

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Jan 24, 2025
....................... Subscription required ....................... Subscription required Subscription required Jan 24, 2025

Workforce

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2017

Aerial view:

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