13 JANUARY 2015www.proactiveinvestors.com.au
Metro Mining doubles DSO bauxite resources in Queensland
Edited by : AL CIRCLE
1 min read
Metro Mining has more than doubled direct shipping ore Inferred Resources at its Bauxite Hills Project in Queensland to 47 million tonnes at 51.5% alumina.
This follows the company estimating an Inferred Resource of 24.9Mt at 51.7% alumina for the BH1 deposit.
Bauxite quality work has also confirmed the DSO product is suited for export.
Work has commenced on the pre-feasibility study planned to be completed in February together with a resource upgrade from Inferred to Indicated.
Project approvals are expected in the first half of 2016 with first production targeted for the third quarter of 2016.
The project is being planned as a 2 million tonne per annum mine with low operating costs and low capital requirements.
This follows the company estimating an Inferred Resource of 24.9Mt at 51.7% alumina for the BH1 deposit.
Bauxite quality work has also confirmed the DSO product is suited for export.
Work has commenced on the pre-feasibility study planned to be completed in February together with a resource upgrade from Inferred to Indicated.
Project approvals are expected in the first half of 2016 with first production targeted for the third quarter of 2016.
The project is being planned as a 2 million tonne per annum mine with low operating costs and low capital requirements.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
Indonesian plans to reduce annual import of basic metal to promote domestic production
Next articleThe President of India passes the Ordinance allowing auction of mineral mines
Grow with
AL Circle
