- Write by:
-
Monday, May 28, 2018 - 2:25:00 PM
-
1291 Visit
-
Print
Mining News - Two years to the mine life has added by Lithium developer Altura Mining at Pilgangoora project in the Pilbara
Mining News - Lithium developer Altura Mining has added two years to the mine life at its Pilgangoora project in the Pilbara after delivering a revised ore reserve and mineral resource estimate.
Altura, which is in the commissioning phase of the Western Australian project, plans to incorporate the increased estimate in its proposed stage two expansion of the operation.
The update follows the completion of a drill program in the Southern Ridge deposit area and increases the company’s overall confidence in the project inventory.
Altura managing director James Brown said the resource and reserve upgrade was “extremely positive” and in line with the company’s strategy of systematically increasing the resource inventory.
“The exploration and development team have delivered some outstanding results that will not only add confidence to the existing operation but underpin the planned stage two expansion to 440,000t per annum production,” Brown said.
“This also comes as we move strongly through the commissioning phase of stage one, with crushed ore stockpiled and ready for processing.
“We remain firmly on track for first lithium concentrate production this quarter and the first customer shipments in July.”
The Pilgangoora’s project’s revised mineral resource estimate comprises 50.5Mt at 1.01 per cent Li 2 O and 512,000t of contained Li 2 O, an increase on the previous resource estimate of 47.5Mt at 1 per cent.
Altura’s new ore reserves estimate of 41.1Mt at 1.05 per cent Li 2 O and 432,000t of contained Li 2 O is a 7.1Mt improvement on the previous ore reserve estimate.
Short Link:
https://www.miningnews.ir/En/News/183333
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
India is in talks with several countries seeking partnerships for technical help on lithium processing, said four ...
Chile’s state copper company Codelco defended its proposed lithium production tie-up with SQM in response to criticism ...
Nigeria has revoked 924 dormant mining titles immediately and invites investors to freely apply for the affected ...
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of ...
Chile’s state-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt ...
Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium Corp., ...
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its ...
A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was ...
No comments have been posted yet ...