Mining Intelligence and News
Australia

Oakover Project

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Categories

Overview

Mine TypeOpen Pit
StagePreliminary Economic Assessment
Commodities
  • Manganese
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotImportantly, the Company has completed a substantial amount of metallurgical test work and results generated from these programs provide Firebird with high-level confidence that a commercial product can be produced at Oakover.

Owners

SourceSource
CompanyInterestOwnership
Firebird Metals Ltd. 100 % Direct

Deposit type

  • Laterite

Summary:

Oakover is situated in the Collier Basin near the edge of the Pilbara Craton. A major portion of the tenement is covered by Quaternary cover with some calcrete along drainages. Several outcrops of the Middle Proterozoic Bangemall Group (Manganese subgroup), including various sediments of the Balfour Formation, Jigalong Formation and the Stag Arrow Formation are found on E52/3577 (Rohde, 2010).

The manganese mineralisation occurs as multiple seams or bands of varying thickness within a highly weathered shale (Balfour Formation). The mineralisation was generally found to be shallow (mostly within 20 m of the surface), gently dipping and laterally extensive across the target area. The lateritic profile and subsequent manganese mineralisation show the zonation within the regolith and distribution of manganese mineralisation. The higher-grade (or nearer-surface supergene/lateritic) manganese material is generally located within the upper portion of the regolith profile at shallow depths (0–15 m).

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

CommodityUnitsAvg. AnnualLOM
Manganese kt 9009,200
All production numbers are expressed as concentrate.

Operational metrics

Metrics
Annual processing capacity  ....  Subscribe
Stripping / waste ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
* According to 2022 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) Manganese AUD  ....  Subscribe
C1 cash costs Manganese AUD  ....  Subscribe
Operating margin Manganese AUD  ....  Subscribe
* According to 2022 study / presentation.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Sustaining CapEx $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
Pre-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 Jan 8, 2024

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