Tag: Dugald River mine

A new copper mine and key enabler projects are edging closer to construction as high commodity prices drive investment in Queensland’s North West Minerals Province. Grand Central Industries’ government-supported Inland Port Project is rapidly approaching financial close and is forecast to commence construction in Q4 2021. The critical 333ha project will significantly debottleneck about $13b of pre-existing Queensland government-owned rail and port infrastructure—the Mt Isa Railway and Port of Townsville. Located 7km east of Cloncurry, the project is expected to have a material economic, commercial and environmental impact to the collective benefit of all stakeholders across the supply chain. Grand Central Industries CEO Josip Obajdin said the project provided for an essential, catalytic platform to enable the region’s further economic...

The Dugald River tailings storage facility dam wall. All images: MMG.   BY ELIZABETH FABRI   A SURGE in zinc demand over the last 12 months has MMG well placed as its $1.4 billion Dugald River mine nears first shipment in December, several months ahead of schedule.   Sitting on one of the world’s largest undeveloped zinc-lead-silver deposits, Dugald River will come online at an opportune time for MMG as it works towards its goal of becoming a top mid-tier mining company by 2020. It will be a game changer; once Dugald River enters production MMG will add a further 170,000 tonnes of zinc (at peak) to its group production a year. This represents a sizeable increase on current group...