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Malaysia
Bukit Besi Mine

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 Location:
25 km W from Kuala Dungun, Malaysia

  Regional Office:
9-1 Jalan PJS 8/18 Dataran Mentari
Petaling Jaya
Malaysia
46150
Phone  ...  Subscription required
Fax+603-5630 1995
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
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Overview

StageProduction
Mine TypeOpen Pit
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start...


Owners

Source: p. 2
CompanyInterestOwnership
Fortress Minerals Ltd. 100 % Indirect
Fortress’s wholly owned Bukit Besi Iron Project.

Contractors

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Deposit Type

  • Replacement
  • Skarn


Summary:

The Bukit Besi’s mining areas straddle the contact between Palaeozoic sediments and granite, which is presumed to be of late Cretaceous age. Granite tongues have intruded the sediments up to 100 m beyond the main line of the irregular contact. Additionally, blocks of shale have been caught up and lie within the body of the granite. Almost all the magnetite skarn mineralisation at Bukit Besi occurs as replacements in the sediments along or within 100 m of their contact with the granite. Magnetite and haematite replacement can also be seen within the granite. Here, fragments of altered sedimentary rock in this ore suggest that the ore has completely replaced bodies of shale engulfed by the granite. The orientation of the mineralisation is controlled by NE–SW, NW–SE and N–S controlling structures. SRK defined the 3D magnetite estimation domains based on geochemical and magnetic susceptibility data, with boundaries being defined by step-changes in magnetic susceptibility, Fe%, S, SiO2% and TiO2%. The 3D geometry was observed to be relatively consistent and predictable over the extent of the drill coverage, with reasonable continuity between drill holes, although pinching and swelling of the veins was evident in both down dip and along strike directions. West At the West area, the six mineralised veins have an average strike length of 350 m, a combined width of 75 m and dip sub-vertically. The wireframes extend from the surface to 90 m depth. The main lithologies in the Projec ........


Mining Methods

  • Truck & Shovel / Loader


Summary:

The operation utilises a conventional truck and shovel open pit mining method. Material is being mined on a bench height of 2.0 m, with drill and blast limited to a one bench depth in areas containing mill feed material. The average strip ratio is 4 to 1 waste to mill feed.

The current operations consist of two open pit mining areas which are located within mining lease ML7/2013, with conventional excavator and trucking of feed to a magnetite processing plant which is located within mining lease ML4/2013.


Crushing and Grinding
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Processing

Flow Sheet: Subscription required

Summary:

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Production:

CommodityUnits2022202120202019
Iron Ore kt  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
All production numbers are expressed as concentrate.
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Operational Metrics:

Metrics2018
Annual production capacity 480,000 wmt of iron ore concentrate

Reserves at February 28, 2022:
Based on a block cut-off grade of 10% Fe and magnetic susceptibility greater than 100 and sulphur less than 10%.

CategoryTonnage CommodityGrade
Indicated 0.22 Mt Iron 44.95 %
Inferred 5.19 Mt Iron 45.09 %
Total Resource 5.41 Mt Iron 45.34 %

Commodity Production Costs:

CommodityUnits2022202120202019
Cash costs (sold) Iron Ore USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
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Financials:

Units2022202120202019
Revenue M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Gross profit M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Pre-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
After-tax Income M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
EBITDA M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
Operating Cash Flow M USD  ......  Subscription required  ......  Subscription required  ......  Subscription required  ......  Subscription required
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Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Mar 19, 2019
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Corporate Filings & Presentations:

DocumentYear
Annual Report 2022
Corporate Presentation 2022
Quarterly Report 2022
................................... Subscription required 2021
................................... Subscription required 2021
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
................................... Subscription required 2019
Subscription required - Subscription is required.

Subscription required - Subscription is required.

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