18 AUGUST 2014www.proactiveinvestors.com.au
Queensland Bauxite moving forward at South Johnstone
Edited by : AL CIRCLE
1 min read
Queensland Bauxite could have a Scoping Study completed for the South Johnstone Bauxite project in north Queensland within 6 - 8 weeks.
The study would likely provide baseline capital costs of mining the bauxite as well as the operating costs. The project has an initial inferred resource of 30 million tonnes of bauxite with a much larger Exploration Target of circa 300 million tonnes.
The Resource estimate forms the basis of the Scoping Study by an independent consultant.
The study would detail, among other variables an estimate of transport costs from South Johnstone to the deepwater Port of Mourilyan and port and shipping costs and suitability.
Notably, infrastructure options would include the availability of services and resources, power and water supply and alternatives for site access for product handling.
Land access will be reviewed. Environmental criteria as well as local and regional social and political impacts will be considered.
The study would likely provide baseline capital costs of mining the bauxite as well as the operating costs. The project has an initial inferred resource of 30 million tonnes of bauxite with a much larger Exploration Target of circa 300 million tonnes.
The Resource estimate forms the basis of the Scoping Study by an independent consultant.
The study would detail, among other variables an estimate of transport costs from South Johnstone to the deepwater Port of Mourilyan and port and shipping costs and suitability.
Notably, infrastructure options would include the availability of services and resources, power and water supply and alternatives for site access for product handling.
Land access will be reviewed. Environmental criteria as well as local and regional social and political impacts will be considered.
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