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NSW gives nod for mineral sands project

NSW gives nod for mineral sands project

Photo by Bloomberg

17th June 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – The New South Wales government has approved the development of the A$200-million Atlas-Campaspe mineral sand project being developed by Cristal Mining Australia.

The Singapore-listed company said that the positive decision on the Atlas-Campaspe mine followed nearly four years of investigation.

The Atlas-Campaspe deposit contains more than 6.5-million tonnes of heavy minerals, which would be concentrated and processed into ilmenite, leucoxene, zircon and rutile end products.

The project would have a mine life of about 20 years, employ around 200 workers, and would supply about 109-million tonnes of mineral sands, at a rate of 7.2-million tonnes each year.

The project was expected to deliver A$95-million in royalties.

Edited by Creamer Media Reporter

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