Canada

Howse Project

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Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotAs of March 31st, 2022, Tata Steel Minerals Canada (TSMC) has not started any work, including any construction activities, on the Howse Property Project. The economical, environmental, social and operational feasibility of developing the Howse Property is currently being assessed by TSMC. As per the Annual Report requirement of the Howse Property Iron Mine Project Decision Statement issued in June 2018, the present report covers the preconstruction phase for the reporting period of April 1st, 2021 to March 31st, 2022.

Owners

SourceSource
CompanyInterestOwnership
Tata Group 82 % Indirect
Incorporated in 2010, Tata Steel Minerals Canada Ltd. (TSMC) is a partnership between Tata Steel (82%) and the Government of Quebec (18%). TSMC is part of the Tata Group of companies, and Tata Steel.

Deposit type

  • Iron formation hosted

Summary:

The DSO deposits were derived from the iron-bearing sediments of the Sokoman Formation and Ruth Formation. The ores, comprising blue and red hematite with goethite and limonite, were formed by the leaching of the gangue minerals such as chert, silicates and carbonates. Of the 22 different deposits that constitute the Project, ten selected deposits were drilled in 2008 and 2009. Drilling yielded 64.1 million tonnes of proven and probable reserves. There are 11.75 million tonnes of inferred resources remaining. In addition, about 40 million tonnes of historical resources will be drilled to expand the resource base.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnits20192018201720162015
All production numbers are expressed as lump & fines.

Operational metrics

Metrics201720162015
Ore tonnes mined, LOM  ....  Subscribe
Annual production capacity  ....  Subscribe4.2 Mt of concentrate4.2 Mt of concentrate4.2 Mt of concentrate
Daily milling rate  ....  Subscribe
* According to 2021 study.

Production Costs

Commodity production costs have not been reported.

Operating Costs

Currency2024
Total operating costs ($/t milled) CAD 32.5 *  CAD
* According to 2011 study. Estimated Average Operating Cost

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M CAD  ......  Subscribe
Sustaining CapEx $M CAD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 30, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 30, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 30, 2023

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