FINGERBOARDS PROJECT

Rainbow

About the project

The Glenaladale deposit is one of the biggest mineral sands deposits in the world, with a JORC (Joint Ore Reserves Committee) resource of 2.7Bt of heavy mineral. It is located about 250km east of Melbourne.

The Fingerboards Mineral Sands Project focuses on a high-grade area of the Glenaladale ore body in the Eastern part of the deposit about 20km northwest of Bairnsdale.

Kalbar proposes to extract 200Mt of ore to produce around 5Mt of heavy mineral concentrate (HMC) over 20 years.

Heavy mineral concentrate is the valuable heavy mineral that has been extracted from the ore but have not yet been process into final mineral products.

PROJECT SCHEDULE

Subject to approvals, Kalbar proposes to begin construction of the project in 2018, with mining operations to commence in 2019. Construction and commissioning/start-up will take approximately twelve months.

The approvals process for the Fingerboards Mineral Sands Project commenced in the second half of 2016 and includes an environment effects statement (EES) under the Victorian Environment Effects Act 1978. Kalbar anticipates that the approval of an EES, mining work plan, mining licence and cultural heritage management plan will take approximately two years.

MINING METHODS

Kalbar proposes to use open cut mining methods to extract the ore. The ore will be fed to a mining unit plant (MUP) for slurrying and pumping to the wet concentrator plant (WCP). There the slurried ore will undergo initial onsite processing to produce heavy mineral concentrate to export for further processing into commercial products such as zircon and rutile. The heavy mineral is separated from the mining by-products (clay and quartz) using gravity separation equipment (screens, spirals, cyclones, and classifiers) that work much the same way as gold panning. Mining will be conducted 24 hours/day and 365 days/year.

All overburden will be returned to the mined-out void, with the majority directly returned as mining progresses, without stockpiling. Mining by-products will be placed in the mined our void. Rehabilitation will occur on the reinstated land surface behind the advancing open cut.

 

For more information about the Fingerboards project, please visit www.fingerbaordsproject.com.au