A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
OZ, Cassini formalize West Musgrave joint venture
OZ Minerals has signed a joint-venture earn-in agreement with Cassini Resources that allows OZ to earn up to a 70% interest in the West Musgrave copper-nickel project in a remote area of east-central West Australia. Initial work will focus on an A$3 million scoping study to identify a commercial pathway to begin mining the Nebo-Babel deposits on the project, currently Australia's largest undeveloped copper-nickel resource. The initial study will set out both the appropriate size of any future mine and optimal infrastructure solutions to support the project. After the initial scoping study, OZ may earn a 51% interest in the project by sole funding an additional A$15 million within 18 months toward completion of a prefeasibility study and the start of a definitive feasibility study.
OZ, Cassini formalize West Musgrave joint venture
OZ Minerals has signed a joint-venture earn-in agreement with Cassini Resources that allows OZ to earn up to a 70% interest in the West Musgrave copper-nickel project in a remote area of east-central West Australia. Initial work will focus on an A$3 million scoping study to identify a commercial pathway to begin mining the Nebo-Babel deposits on the project, currently Australia's largest undeveloped copper-nickel resource. The initial study will set out both the appropriate size of any future mine and optimal infrastructure solutions to support the project. After the initial scoping study, OZ may earn a 51% interest in the project by sole funding an additional A$15 million within 18 months toward completion of a prefeasibility study and the start of a definitive feasibility study.
OZ, Cassini formalize West Musgrave joint venture
2016
Article (Journal)
English
OZ Minerals earning into West Musgrave Copper-Nickel Project
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