Archive for Mining

Iluka Resources

Infrastructure, Mining, New, Opportunityon June 29th, 2010Comments Off on Iluka Resources

Iluka Resources

The most recent project implemented in the area is a $420 million mine called Jacinth-Ambrosia some 200 km northwest of Ceduna Waters. Operated by Iluka Resources, this mine is expected to establish South Australia as a major world supplier of mineral sands.

Jacinth-Ambrosia expects to employ 110 personnel during operation.

“It’s significance is that this deposit’s combination of size and high zircon quality makes it the richest known zircon deposit in the world,” Premier Mike Rann said when opening the mine.

Mr. Rann also said that “This multi-million dollar mining investment in the past three years has boosted local businesses and employment”.

In addition to that, Iluka have discovered a number of other mineral sands deposits in the Eucla Basin including Tripitaka, Gullivers, Dromedary, Typhoon and Mojave. The uranium potential of the Eucla Basin is also being evaluated by Iluka.

Major Projects Workforce Impact

Mining, New, Opportunityon April 27th, 2010Comments Off on Major Projects Workforce Impact

Workforce impact SA Major Projects

List of all South Australian Major Projects and the effect it will have to communities.

Mines Plan Document Feb 2010

Mining, New, Opportunityon April 27th, 2010Comments Off on Mines Plan Document Feb 2010

South Australian Mine and Major Projects Feb 2010

South Australian Government Document – Major Mines and Projects in the Area.

Olympic Dam reserves give BHP Billiton a lift

Infrastructure, Mining, Opportunityon April 21st, 2010Comments Off on Olympic Dam reserves give BHP Billiton a lift

Olympic Dam reserves give BHP Billiton a lift.

The size of the mineral reserve at BHP Billiton’s Olympic Dam mine in far northern South Australia has increased by almost 25 per cent in the past year, the company’s annual report has revealed.

The Advertiser Wednesday September 16th 2009.

seaweed flowers shell

Iluka Opening News

Mining, New, Opportunityon April 21st, 2010Comments Off on Iluka Opening News

South Australia’s next major mine will be operating before the end of this year. “We’ve got a pretty fair chance of starting before Christmas”, the South Australian head of Iluka Resources, Hans Umlauff, said of the company’s mineral sands project in the state’s Far West.

If Iluka achieves this goal, it will have built its mine nearly six months ahead of schedule and up to $20 million below its budget of $420 million.

Construction proceeded rapidly after Iluka received a mineral lease in July last year and the company set a target of opening in the first half of 2010.

“The Eucla Basin will be a major new province and become the centre of Australia’s mineral sands industry for the next 50 years”. Paul Holloway. Minister of Planning & Development.

“Iluka has been spending serious amounts of money in the area.” Ceduna Mayor Allan Suter.

The Advertiser Tuesday  September 15th 2009.

ILUKA RESOURCES OPENS NEW MINE

Mining, New, Opportunityon April 21st, 2010Comments Off on ILUKA RESOURCES OPENS NEW MINE

ILUKA RESOURCES OPENS NEW MINE

February 9, 2010

Iluka Resources has officially opened a $390 million mine on South Australia’s west coast, a project the state government says will establish SA as a major world supplier of mineral sands.

The Jacinth-Ambrosia mine is capable of producing 300,000 tonnes of zircon a year, contained in heavy mineral concentrates.

It has combined resources of 9.5 million tonnes of heavy mineral sands with more than four million tonnes of zircon.

“It’s significance is that this deposit’s combination of size and high zircon quality makes it the richest known zircon deposit in the world,” Premier Mike Rann said when opening the mine on Tuesday.

Mr Rann said the new mine would provide jobs and a major economic boost to the Eucla Basin, on SA’s west coast.

“Iluka Resources has brought jobs and infrastructure to this part of the state, including jobs for the indigenous people of the region,” he said.

“This multi-million dollar mining investment in the past three years has boosted local businesses and employment”

Iluka Resources employed 280 people during the construction phase and currently has a workforce of 75.

Article from Nine Msn

Ten key regional centres in Australia are positioned to experience boom

Mining, Opportunityon April 21st, 2010Comments Off on Ten key regional centres in Australia are positioned to experience boom

Ten key regional centres in Australia are positioned to experience booming property prices as the economy recovers, a real estate researcher says.

October 26, 2009

Real estate forecaster Terry Ryder has tipped the Western Australian resource boom towns of Port Hedland and Karratha to again grow strongly while agriculture and tourism are tipped to benefit Orange in NSW and north west of that state.

In his “National top 10 Boom Town Hotspots” report Mr Ryder recommends investing in the cities of Bunbury in WA and Newcastle in New South Wales.

The remaining eight towns to make it into the list include Ceduna in South Australia, Gladstone in Queensland, Geraldton, Port Hedland and Karratha in WA, Portland in Victoria, Orange and the north-west of NSW.

Mr Ryder also warned investors to shy away from buying in “pure mining towns”.

He said investors could benefit from Australia’s new wave of mining by focusing on strategically located regional centres that were set to benefit from major new projects.

“While investors who get in early can make big capital gains, most mining towns exist in a bubble, which can burst if demand for resources drops, the local mine closes or housing demand falls away after construction of a major project is completed,” Mr Ryder said in a statement.

Mr Ryder is the director of the property website www.hotspotting.com.au.

“Property buyers looking for boom town investments are better served looking for nearby regional centres that will enjoy the economic surge of major new projects, but are not solely dependent on it for their prosperity.”

Mr Ryder said all the locations on the list had exposure to the mining and resources sector while being based on well-rounded regional economies.

He identified the desalination plant in Bunbury, a port upgrade in Ceduna, port and rail links in Geraldton, industry and tourism in Gladstone and port and rail links in Newcastle as major factors in their inclusion in the list.

Article from Realestate.com.au