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Mt Garnet tin project, Australia

8th November 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Mt Garnet tin project, Queensland, Australia.

Client
Consolidated Tin Mines.

Project Description
The Mt Garnet project has a Joint Ore Reserves Committee-compliant resource of 13.12-million tonnes, grading 0.39% tin, 22.87% iron, 5.8% fluoride and a tin equivalent of 0.56%.

A prefeasibility study (PFS) completed on the Mt Garnet project, in North Queensland, has demonstrated the project’s economic and technical development potential.

The PFS is based on a one-million-tonne-a-year openpit operation, delivering ore to a one-million-tonne-a-year conventional flotation concentrator, which will remove the silica content before the ore is processed by means of conventional tin fuming using a rotary kiln.

The Mt Garnet concentrator is expected to produce an estimated 2 944 t/y of tin in concentrate at 68% tin, and 234 970 t/y of iron in concentrate at 65% iron, and 53 860 t/y of fluorite at 86% calcium fluoride in concentrate, over a nine-year mine life.

Value
Total estimated capital to first production is A$76-million.

Duration
The aim is to achieve tin production by the end of 2014.

Latest Developments
Based on the positive outcomes of the PFS and opportunities that exist to significantly enhance the PFS cost base through project optimisation, Consolidated Tin has approved the immediate initiation of a definitive feasibility study on the Mt Garnet project.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Consolidated Tin Mines, tel +61 7 4032 3319 or email info@csdtin.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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