Oz Minerals gets Carrapateena retention lease
PERTH (miningweekly.com) – Copper/gold miner Oz Minerals is expected to make a development decision on its Carrapateena project by 2015.
The miner this week announced that it had been granted a retention lease for the copper/gold project, in South Australia, allowing the company to pursue advanced exploration works to determine the feasibility of future mining activities.
“Through the retention lease approvals process, Oz Minerals has engaged with a variety of local stakeholders and government groups, and the feedback we have received has been overwhelmingly positive,” said Oz Minerals MD and CEO Terry Burgess.
“At this early stage, over 20 local contractors from towns such as Port Augusta have conducted work at Carrapateena, and we look forward to ongoing positive relationships with local communities,” he added.
A native title agreement has also been reached.
Oz Minerals was currently looking to develop a 6.5 km exploration decline at Carrapateena to undertake further geotechnical testing at the orebody. At the same time, the company would launch the prefeasibility study, allowing for a decision to mine by 2015.
The project currently hosted a mineral resource estimated at 760-million tons, grading 0.78% copper and 0.3 g/t gold.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation















