Copper mine promises jobs boost

 

News article: Copper mine promises jobs boost

The Southern Grampians Shire Council says up to 200 jobs could be created if a copper mine is established at Stavely.

  JimYarin Chief Commissioner

Location: Adelaide, South Australia
The Southern Grampians Shire Council says up to 200 jobs could be created if a copper mine is established at Stavely.

Northern Platinum has acquired mineral tenements for the area east of Hamilton from BCD Resources and says it will spend the next two years assessing the copper resource.
Copper mine promises jobs boost


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This could be a good source of copper traffic on the western SG.

The project could be close to the western SG line being at http://goo.gl/maps/JElwj

Portland for export?

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  bevans Site Admin

Location: Melbourne, Australia
[table][tr][td][table][tr][td][color=#023b59][size=2][font=Tahoma, Verdana, Arial]17 May 2013[/font][/size][/color][/td][/tr][tr][td][color=#000000][size=1][font=Arial, Verdana, Tahoma]Southern Grampians Shire Council Mayor, Cr Albert Calvano has welcomed the announcement that Northern Platinum Pty Ltd will acquire the mineral tenements of the Stavely area upon transfer to their company next week.

The Stavely tenement is located 4km east of Glenthompson and was previously held by BCD Resources. Discovered in 2008, past exploration had revealed multiple copper deposits associated with porphyry intrusions that occur with only a shallow covering of soil.

Council was delighted to welcome Northern Platinum’s Director, Chris Cairns and Field Manager, Quanda Te Tai to our Shire for an update and discussions leading to greater understanding of their future operations for the site this week.

Northern Platinum Director Chris Cairns said, “Further exploration success will be required to ensure the feasibility of the project and this will take up to two years from the point of initial exploration before a final decision can be made to proceed to develop the site.”

Mr Cairns confirmed that if the project were to go ahead, a number of jobs would be created locally in the Shire.

“If our exploration is successful in identifying enough additional copper mineralisation and this then leads to a development decision, up to 140 positions would be created in the twelve month construction of the site and a further 60 full time employees would be required to run the operations of the mine.

“It would be our company’s preference to employ locals rather than import staff from interstate, which would be a huge boost in employment for the region.

“Our initial projections indicate more than 10,000 tonnes of concentrate per annum could be shipped to Japan, China or Korea over the life of the mine.”

He also cited the access to power via the Oakland’s Wind Farm, access to rail and the skilled workforce of the area as key factors to the potential development of the site.

Southern Grampians Shire Council Mayor, Cr Albert Calvano was pleased to receive the update and reiterated the excellent amenities, education and health facilities of the Shire that are important factors in attracting and maintaining a skilled workforce which supports developments such as the Stavely Copper Project.

“Council welcomes Northern Platinum to the Southern Grampians Shire and will offer all the support necessary to bring the site to fruition and see a continued renaissance in mining activity to our economy and to our Shire.”[/font][/size][/color][/td][/tr][/table][/td][/tr][/table]
  bevans Site Admin

Location: Melbourne, Australia
I have been doing some research on this opportunity and it would appear from various media releases glenthompson is the area where the copper would come from.  So a rail spur line from Glenthompson would seem the most viable way to approach the transportation requirements.

The copper is for export and would amount to 10,000 tonnes each 12 month period.

Calculations are 10,000 tonnes by 70 tonnes per wagon is only 143 wagons per annum of finished product.  However, if the copper is to be smelted?? at another location then a guess this might require the spur line to move the interim product.

Thoughts?

Regards
Brian
  Black Hoppers Chief Train Controller

Location: Banned
I have been doing some research on this opportunity and it would appear from various media releases glenthompson is the area where the copper would come from.  So a rail spur line from Glenthompson would seem the most viable way to approach the transportation requirements.

The copper is for export and would amount to 10,000 tonnes each 12 month period.

Calculations are 10,000 tonnes by 70 tonnes per wagon is only 143 wagons per annum of finished product.  However, if the copper is to be smelted?? at another location then a guess this might require the spur line to move the interim product.

Thoughts?

Regards
Brian
"bevans"


Why would they not just use road haulage to the nearest rail head its done in other places such as the NT and from north Parkes gold/copper mine to Goonumbla siding in containers for export to Newcastle , no need for a spur line at all.
  RTT_Rules Dr Beeching

Location: Dubai UAE
10,000t of Cu concentrate is nothing. It barely even rates as a copper mine. Thats only 2500 tonnes of pure coppper or about $15mpa in revenue at $6000/t. This will support a work force of barely 50 people. there will be no large infrastructure investment. The trucks will not run to the nearest bit of rail but probably to port.
  donttellmywife Chief Commissioner

Location: Antofagasta
10,000t of Cu concentrate is nothing. It barely even rates as a copper mine. Thats only 2500 tonnes of pure coppper or about $15mpa in revenue at $6000/t. This will support a work force of barely 50 people. there will be no large infrastructure investment. The trucks will not run to the nearest bit of rail but probably to port.
RTT_Rules
It is still tiny, but note that the primary deposit the copper is in chalcocite, the copper content of the concentrate (which, for bevans info, is the interim product sent to the overseas smelters) may be significantly higher than what you are assuming.
  bingley hall Minister for Railways

Location: Last train to Skaville
They haven't even established whether the deposit can be viably mined at this stage, talk about jumping the gun.
  seb2351 Chief Commissioner

Location: Sydney
I remember watching a show recently dealing with the mining boom, investment and the outlook for the future. The project reminds me of that case study. You can have as many exploration licences as you want, but untill your physically got the ore to sell, its all speculative. They (economists, mining experts etc) reckon in the next 2 years investment in speculative miners is going to tank and shrink from around 800 on the ASX atm, to less then 200.

I will believe the benefits of the project when the ore starts coming out of the ground.
  RTT_Rules Dr Beeching

Location: Dubai UAE
It is still tiny, but note that the primary deposit the copper is in chalcocite, the copper content of the concentrate (which, for bevans info, is the interim product sent to the overseas smelters) may be significantly higher than what you are assuming.
donttellmywife
Good pick up, thanks. I was using chalcopyrite. This stuff herewould probably generate revenues around $40-50mpa

Chalcocite, copper(I) sulfide (Cu2S),

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