Blackham Looking to Expand Matilda/Wiluna Gold Production
Blackham Resources has received a draft report from Orway Mineral Consultants that supports the addition of 1.5 million mt/y of throughput capacity at the Wiluna processing hub on its Matilda/Wiluna gold operations in central Western Australia. Commissioning of the added capacity alongside the recently refurbished 1.7-million-mt/y oxide circuit would see total throughput capacity increase to about 3.2 million mt/y across both the oxide and sulphide circuits. The expanded Wiluna plant would bring significant economies of scale to the combined project, with all the resources located within a 20-km radius of the processing plant.
Altura Awards Mining Contract for Pilgangoora
Altura Mining has awarded a five-year contract to NRW Holdings Ltd. for provision of mine development and mining services at Altura’s open-pit Pilgangoora lithium project, located in Western Australia about 123 km road miles southeast of Port Hedland. Mine production is planned at a rate of 1.4 million mt/y of ore to produce 219,000 mt/y of spodumene concentrate, containing 6% Li2O, over a mine life of 14 years.
Fortescue Metals Triples Net Profit for Half-year
Iron-ore producer Fortescue Metals Group Ltd. released its half-year results ending December 31 that include a net profit after tax of $1.2 billion, which is a 283% increase over $319 million that was reported for the half-year period ending December 31, 2015.