Tag: zinc

Freight fast track

Freight fast track

THE Queensland Government has promised half a billion dollars for the development of a new freight terminal at the Port of Townsville and discounted freight charges to boost exports along the Mount Isa rail line. Deputy Premier and Treasurer Jackie Trad said the funding would promote mining and exploration in the state’s North West, which contains about 75pc of Queensland’s base metal and minerals, including copper, lead, zinc, silver, gold and phosphate deposits. “Our state’s economy is stronger when we have a reliable supply of minerals for export,” Ms Trad said. “A number of mines are trucking minerals from the North West to the port, and the trains that are carrying minerals in shipping containers have to be unloaded at Stuart...

Heron Resources: In Full Gear

Heron Resources: In Full Gear

Box cut and mine portal. All images: Heron Resources. BY JESSICA CUMMINS HERON Resources has a lot to celebrate, with underground mining now underway at its flagship Woodlawn zinc-copper project, and commissioning on track to begin by the end of this year. Heron's high-grade Woodlawn project in NSW is a highly prospective zinc-copper deposit, 50km northeast of Canberra. Following the completion of its Feasibility Study in mid-2016, underground mining began at the project in September, with commissioning expected to commence within the next couple of months and first shipment marked for the first quarter of 2019. The high-grade, long-life mine is well placed to participate in a zinc market facing a significant supply shortfall, producing on average 40,000 tonnes...

Heron awards $107m EPC contract at Woodlawn

Heron awards $107m EPC contract at Woodlawn

The Woodlawn zinc-copper project site near Tarago, NSW. Image: Heron Resources. BY CAMERON DRUMMOND MULTI-commodity focused explorer Heron Resources has awarded a $107m contract for the development of its Woodlawn zinc-copper project in NSW. The engineering, procurement and construction contract (EPC) went to CIMIC Group subsidiary Sedgman for the development of a 1.5 million tonnes per annum mineral processing plant that would produce zinc, copper and lead concentrates. The design also included a backfill plant and supporting infrastructure at the project located near Tarago, 250km southwest of Sydney. More than 250 personnel would be employed at the peak of construction. Heron Resources managing director Wayne Taylor said the contract award followed the successful undertaking of a...

South32 buys $110m Arizona Mining stake

South32 buys $110m Arizona Mining stake

The Hermosa zinc-lead-silver project. Image: Arizona Mining. BY CAMERON DRUMMOND SOUTH32 will pay $C110 million ($107m) for a 15 per cent stake in Canadian multi-commodity miner Arizona Mining. Under the agreement, South32 will acquire 45,000,000 Arizona Mining shares at $C2.45 per share. South32 also has the right to nominate a director to the board of Arizona Mining providing it maintains a minimum 12.5 per cent interest. Arizona Mining is focused on its Hermosa zinc-lead-silver project, which includes the Taylor deposit, located in Santa Cruz County, Arizona. South32 chief executive Graham Kerr said Hermosa was a highly prospective project and was another step in the company’s strategy to identify opportunities outside of its current portfolio. “We look...