Thursday, April 26, 2012

BC Iron boosts Nullagine lifestyle

Current resource and reserve upgrades in the Nullagine iron-ore joint enterprise in Western Australia’s Pilbara region have allowed project operator BC Iron Ltd to extend the planned mine existence.Stone Crusher

The additional mineralisation was in the Bonnie East zone, where the two channel-iron and direct-shipping mineralisation manifest in the same palaeochannel that contains other deposits in the Nullagine venture.

The probable ore reserves calculated through the not long ago concluded mining research totalled seven.7Mt at a median quality of fifty seven.2% Fe, which BC Iron said was ample to prolong the mine’s lifestyle by eighteen months.

The reserves were calculated from a latest source update for Bonnie East, such as indicated sources estimated at 8.8Mt at 57.0% Fe, and one.9Mt in inferred sources, at a median quality of 56.8% Fe.Stone Crusher Plant

BC Iron’s partner at Nullagine is Fortescue Metals Team Ltd (FMG), which operates a a lot more substantial group of mines during the region, utilizing its possess rail and port infrastructure.

The Nullagine joint venture utilizes this infrastructure, positioned 50km away at FMG’s Christmas Creek operations, to provide output through the mine to its clients.