https://www.miningweekly.com

MZI adds mine life at Keysbrook

23rd March 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – Mineral sands miner MZI Resources has increased the ore reserve estimate of its Keysbrook project, in Western Australia, by 277%, extending the mine life of the project nearly three-fold from five-and-a-half years to nearly 16 years.

MZI reported on Wednesday that total ore reserves at the Keysbrook project had increased to 72-million tonnes, grading 2.2% total heavy minerals, with the ore reserve comprising high value leucoxene and zircon products.

“This very significant increase in total ore reserves at Keysbrook clearly demonstrates the enormous underlying value of this world-class deposit and formally confirms the potential for Keysbrook to be a long-life, low-cost producer of premium quality mineral sands products,” said MZI MD Trevor Matthews.

“Furthermore, we have still only scratched the surface, with almost half of all mineral resource at Keysbrook still outside the current ore reserve footprint, and the Keysbrook mineralisation itself still open along strike to the north, south and west.”

MZI was hoping to further extend the mine life of Keysbrook through converting additional mineral resource and through further exploration drilling.

The Keysbrook project achieved nameplate throughput capacity in December last year, with the mine tipped to deliver 96 000 t/y of leucoxene and zircon products.

The project shipped its first zircon product in December last year, and its first leucoxene product in March.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
Virtual Gas Network (Pty) Ltd
Virtual Gas Network (Pty) Ltd

Virtual Gas Network supplies compressed natural gas via a virtual gas distribution network.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.061 0.629s - 110pq - 2rq
Subscribe Now