An independent metal producer is proceeding with its proposed mining project in Western Australia’s Mid-West worth more than $3 million, potentially creating thousands of jobs.
Mount Gibson Iron has commenced development of its Iron Hill Iron Ore Mine at the Mt Gibson Ranges, 270km southeast of Geraldton.
The project involves mining 5-7 million tonnes of hematite ore at the Iron Hill Deposits, which are 3km south of approved mine operations at the Mt Gibson Ranges, and contain an estimated value of $370 million.
The two-mine-pit operation will use standard open-pit mining methods, including drilling, blasting and excavation.
Mine infrastructure is expected to include:
- rehabilitation stockpiles (vegetation, topsoil and subsoil for post-mining rehabilitation)
- internal mine roads
- water storage dams
- administration facilities
- fuel storage
- maintenance facilities
QMEB can reveal the company has budgeted $2-3 million for road upgrades.
“We are very pleased to gain the final approvals required for Iron Hill, which are the successful culmination of a huge effort by our permitting team since the initial application was made over two years ago. Obtaining these approvals in a large part reflects our proven record of, and ongoing commitment to, responsible resources development in the state’s mid-west and Kimberley regions,” Mount Gibson chief executive officer Jim Beyer says.
“We now look forward to rapidly developing this attractive high value, low-capital production opportunity, thereby extending the life of our mid-west business. It is also very pleasing to be able to deliver additional value for our shareholders while continuing to provide much needed economic activity in the Mid-West region by way of direct employment and the engagement of local business.”
No jobs are advertised yet, but the company says they will be posted on Seek: mtgibsoniron.com.au/careers-employees