Round Oak Minerals has reached a milestone in its Barbara copper operation, with the first 50,000-tonne batch of ore being processed in Mount Isa this week.
Mount Colin underground operation is also in full swing as workers begin to
move into a newly commissioned on-site accommodation camp.
Oak Minerals chief executive officer Rob Cooper said mining was going well at
Barbara, about 60km north-east of Mount Isa.
has been hauling Barbara ore to its operations in Mount Isa since October for
toll treatment to produce copper concentrate.
first batch is going through as we speak,” Mr Cooper said.
company hopes to see about 50,000-60,000 tonnes a month processed from now on.
Barbara open-cut operation has a relatively short forecast mine life of about
22 months and much of the 50-60 strong workforce is from SES Labour Hire.
thing we may look at some time in the next year is the potential for a small
underground mine extending from the pit when completed,” Mr Cooper said.
major development at Mount Colin, located between Mount Isa and Cloncurry, has
been completion of a 60-bed accommodation camp at a cost of $3.3 million.
On-site camp overcomes travel risk
has been a big impact for us from a health and safety perspective, because one
of our identified risks is travel to and from Mount Isa on the Barkly
Highway,” Mr Cooper said.
a lot of heavy vehicle traffic and it is about an hour’s drive, so it was not
something we wanted to continue doing.”
began moving into the new quarters this month in a staged process.
from Mount Colin is being processed at Glencore’s Ernest Henry operation, and
Round Oak expects to have achieved 10,000 to 12,000 tonnes of copper
concentrate from this source by the end of 2019.
Colin is expected to produce 350,000 to 400,000 tonnes of ore per year at a
grade of about 2.5 per cent copper, from 2020.
the site has a forecast mine life of four years, Mr Cooper said the company
believed there was reasonable scope to extend that.
Recent exploration has gone well and Round Oak expects to upgrade the resource estimate over the next six months.