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OZ Minerals extends Prominent Hill Mine life
OZ Minerals reported in mid-November that its Prominent Hill mine in northern South Australia will continue to operate until at least 2028, underpinned by a new mine strategy and an updated mineral resource and ore reserve estimate. Prominent Hill mineral resources are now estimated at 148 million tons of copper mineralization grading 1.2% copper, 0.6 gram/ton gold, and 2.9 grams/ton silver, and 25 million tons of gold mineralization grading 1.3 grams/ton gold and 1.6 grams/ton silver. These resources occur in the Prominent Hill open pit, Prominent Hill underground and surface stockpiles. The mineral resources are inclusive of ore reserves. Underground proven and probable ore reserves stand at 33 million tons, grading 1.5% copper, 0.6 gram/ton gold, and 3.5 grams/ton silver, containing 480,000 tons of copper, 600,000 ounces of gold, and 3.5 million ounces of silver.
OZ Minerals extends Prominent Hill Mine life
OZ Minerals reported in mid-November that its Prominent Hill mine in northern South Australia will continue to operate until at least 2028, underpinned by a new mine strategy and an updated mineral resource and ore reserve estimate. Prominent Hill mineral resources are now estimated at 148 million tons of copper mineralization grading 1.2% copper, 0.6 gram/ton gold, and 2.9 grams/ton silver, and 25 million tons of gold mineralization grading 1.3 grams/ton gold and 1.6 grams/ton silver. These resources occur in the Prominent Hill open pit, Prominent Hill underground and surface stockpiles. The mineral resources are inclusive of ore reserves. Underground proven and probable ore reserves stand at 33 million tons, grading 1.5% copper, 0.6 gram/ton gold, and 3.5 grams/ton silver, containing 480,000 tons of copper, 600,000 ounces of gold, and 3.5 million ounces of silver.
OZ Minerals extends Prominent Hill Mine life
2016
Article (Journal)
English
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