DOCSLIB.ORG

Iron Road Limited

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Iron Road Limited CENTRAL EYRE IRON PROJECT Mining Lease Proposal Response Document This page is left deliberately blank Table of Contents 1 Executive Summary ..................................................................................................... 1 1.1 Joint Consultation Process ................................................................................................... 2 1.2 Submissions ......................................................................................................................... 2 1.3 Response Documents .......................................................................................................... 2 2 Introduction ................................................................................................................ 4 2.1 Declaration ........................................................................................................................... 4 2.2 Background .......................................................................................................................... 4 3 Results of the Public Consultation Process ................................................................... 5 3.1 Out of Scope Comments ...................................................................................................... 5 3.2 Content of Submissions ....................................................................................................... 6 3.3 Notes to Consider ................................................................................................................ 6 3.4 Summary of Issues Raised.................................................................................................... 7 4 Issues Raised by SA Government Agencies................................................................... 9 4.1 Government Comments #2, #3 and #5 – Groundwater, Chapter 19 & Appendix N ........................... 9 4.2 Government Comment # 6 - Geology/ Sterilisation, MLP Sections 2.6 and 3.5 ................................ 11 5 Correction to Information ......................................................................................... 13 6 Out of Scope Questions/Comments ........................................................................... 14 7 Master Index of Responses ........................................................................................ 21 8 Glossary .................................................................................................................... 25 List of Figures Figure 1: Overview of the CEIP components ................................................................................................... 1 Figure 2: Data from WaterConnect ............................................................................................................... 10 Figure 3: EL 3699 (now EL 4849) and Stage IV drilling targets ...................................................................... 12 Figure 4: Updated Mineral Resources for the CEIP ....................................................................................... 13 List of Tables Table 1: Summary of Issues Raised per Chapter ............................................................................................. 8 List of Attachments Attachment A: CEIP MLP - Responses to Public Submissions Attachment B: CEIP MLP – Government Issues / Comments and Iron Road’s Responses Attachment C: CEIP Mine Noise Modelling – Train Arrival Operational Scenarios Attachment D: Updated IWL Bulk Density Estimate Attachment E: Updated Table 15-15: Outcomes and Assessment Criteria: Air Quality Attachment F: Additional Water Budget Data for Post-Closure Simulation Mining Lease Proposal Response Document Updated October 2016 Page i This page is left deliberately blank Page ii Updated October 2016 Mining Lease Proposal Response Document 1 Executive Summary The Central Eyre Iron Project (CEIP) is located on the Eyre Peninsula in South Australia and comprises: • A proposed magnetite mining and minerals processing operation (CEIP Mine) near Warramboo, approximately 28 km south east of Wudinna • Significant infrastructure required to support the CEIP Mine and to provide the logistics chain to enable the export of magnetite concentrate to market (CEIP Infrastructure). This infrastructure comprises a long term employee village, water borefield, railway line, power line and deep sea port. On 5 November 2015, IRD Mining Operations Pty Ltd, a wholly owned subsidiary of Iron Road Limited, submitted an application for a Mineral Lease (ML) over the entire area of Mineral Claim (MC) 4383, together with a Mining Lease Proposal (MLP), to the Department of State Development (DSD) pursuant to section 35 of the Mining Act, 1971 (SA). The MLP covers all social, economic and environmental aspects of the proposed CEIP Mine and is compliant with DSD’s Minerals Regulatory Guidelines MG2a. At the same time the MLP was lodged, Iron Road submitted its Environmental Impact Statement (EIS) to the Department of Planning, Transport and Infrastructure (DPTI) pursuant to section 46B of the Development Act, 1993 (SA). The EIS covers all social, economic and environmental aspects of the proposed CEIP Infrastructure together with requirements of the Commonwealth Government’s Environment Protection and Biodiversity Conservation Act, 1999 (EPBC). The EPBC requirements have been incorporated into the EIS process and will be assessed in accordance with the Bilateral Agreement between the Commonwealth and South Australian Governments. Figure 1: Overview of the CEIP components Mining Lease Proposal Response Document Updated October 2016 Page 1 1.1 Joint Consultation Process On 19 November 2015, DSD and DPTI commenced a joint consultation process in respect to both the MLP and EIS concluding on 2 February 2016, a period of almost 11 weeks. The SA Government facilitated three public forums in the key towns of Port Neill, Cleve and Wudinna, all of which were attended by representatives from DPTI, DSD and Iron Road. The forums provided interested parties with an opportunity to hear directly from SA Government about the respective application and assessment processes and how they could make submissions relating to the EIS/EPBC or MLP (or both) during the public consultation period. Each forum took place over a five hour period (2pm – 7pm) and included presentations from DPTI, DSD and Iron Road. Comprehensive guidelines for the application, public consultation and assessment processes relating to the CEIP were prepared by SA Government and made available to interested parties at the public forums and online. In addition, and in accordance with legislation and/or DSD policy, SA Government distributed both hard copies of the MLP and EIS, together with USB memory sticks containing electronic copies, across the Eyre Peninsula to landowners, local Councils and libraries. Hard copies were also available for viewing at both DSD and DPTI offices in Adelaide together with free electronic copies on USB memory sticks. The MLP and EIS were also available for downloading from a dedicated Government website (www.ceipconsultation.sa.gov.au), the Iron Road website (www.ironroadlimited.com.au) and from the DSD and sa.gov.au websites. 1.2 Submissions At the conclusion of the public consultation period, a total of 105 public submissions were received by SA Government, 53 of those being supportive in nature and setting out numerous reasons why the CEIP is an important development to South Australia’s economic and social wellbeing. For example, submitters noted that the CEIP would: • Improve employment and career opportunities; • Provide a diversification of industries; and • Increase economic benefits and contribute to a reversing of the population decline across the Eyre Peninsula, particularly within the Wudinna DC area. Of those 105 public submissions, 16 raised issues or requests for further information/clarification to be addressed by Iron Road relating only to the MLP while a further 19 submissions related to both the MLP and the EIS/EPBC. The remaining submissions either raised concerns purely in relation to the EIS/EPBC or did not express any concerns or issues with the CEIP development and urged the Government to approve the project for the benefit of all South Australians. 1.3 Response Documents On 18 March 2016, DSD and DPTI jointly forwarded a formal “Request for Response” letter to Iron Road together with copies of all public submissions and Government comments received in relation to both the MLP and EIS. Guidance on how Iron Road should respond to each was also provided. All of the questions and areas of concern raised in the public submissions and by SA Government agencies that relate to the MLP have been addressed in this Response Document (refer Attachments A and B respectively) and contributes directly to the assessment of the MLP by DSD. The Response Document will also assist in setting of appropriate conditions should the Minister for Mineral Resources and Energy grant a ML in respect to the CEIP Mine. Page 2 Updated October 2016 Mining Lease Proposal Response Document Iron Road has endeavoured to provide succinct responses to the written questions asked by submitters. Iron Road also commits to continue working with authorities and stakeholders to provide positive outcomes and looks forward to this opportunity should the ML for the CEIP Mine be granted. Mining Lease Proposal Response Document Updated October 2016 Page 3 2 Introduction 2.1 Declaration In accordance with Section 35(1) of the Mining
Load more

Recommended publications
  • For Personal Use Only
    31 January 2020 QUARTERLY ACTIVITIES REPORT For the period ended 31 December 2019 Highlights • The Hon Michael McCormack MP, Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development announced on 15 December 2019 that $25 million will be provided by the Federal Government to support the Cape Hardy port precinct in order to enhance regional economic growth benefits in the Eyre Peninsula that will arise from more efficient supply-chain and export infrastructure. • Cape Hardy Stage I port development update released 31 October 2019 indicating a capital cost estimate of $167 million for marine and landside facilities. • Stage I port capex estimate based on definitive CEIP feasibility study port design, further supported by supplementary 2019 vendor estimates and industry cost comparison analysis. • Iron Road, in collaboration with Eyre Peninsula Cooperative Bulk Handling (EPCBH), continues to advance Cape Hardy Stage I financing plan and delivery model - several potential strategic investors and debt finance providers engaged following announcement of Federal government funding support. • During November 2019 the Company’s General Manager, Mr Larry Ingle succeeded Mr Andrew Stocks as Iron Road’s Chief Executive Officer. For personal use only Extract of 15 December 2019 media release by the Hon Michael McCormack MP, Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development (full media release and MYEFO 2019-20 extract attached). GPO Box 1164, Adelaide 5001 South Australia | T +61 (8) 8214 4400 [email protected] | ironroadlimited.com.au | ABN: 51 128 698 108 Central Eyre Iron Project (CEIP) Project Commercialisation The Hon Michael McCormack MP, Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development announced on 15 December 2019 that $25 million will be provided to support the Cape Hardy port precinct in South Australia’s Eyre Peninsula.
    [Show full text]
  • Adelaide Botanic Gardens
    JOURNAL of the ADELAIDE BOTANIC GARDENS AN OPEN ACCESS JOURNAL FOR AUSTRALIAN SYSTEMATIC BOTANY flora.sa.gov.au/jabg Published by the STATE HERBARIUM OF SOUTH AUSTRALIA on behalf of the BOARD OF THE BOTANIC GARDENS AND STATE HERBARIUM © Board of the Botanic Gardens and State Herbarium, Adelaide, South Australia © Department of Environment, Water and Natural Resources, Government of South Australia All rights reserved State Herbarium of South Australia PO Box 2732 Kent Town SA 5071 Australia © 2008 Board of the Botanic Gardens & State Herbarium, Government of South Australia J. Adelaide Bot. Gard. 22 (2008) 5–8 © 2008 Department for Environment & Heritage, Government of South Australia Prasophyllum laxum (Orchidaceae), a new leek-orchid species from southern Eyre Peninsula, South Australia Robert J. Bates C/- State Herbarium of South Australia, Plant Biodiversity Centre, P.O. Box 2732, Kent Town, South Australia 5071 E-mail: [email protected] Abstract Prasophyllum laxum R.J.Bates, a rare local endemic leek orchid from southern Eyre Peninsula, South Australia, is described as new and illustrations and a key to related South Australian species are provided. Introduction Prasophyllum laxum has been compared with P. A single collection at the State Herbarium of lindleyanum Rchb.f. (as P. aff. lindleyanum; Bates South Australia (AD) of an apparently undescribed 2006), mainly because of the sigmoid labellum, but that Prasophyllum from southern Eyre Peninsula, hundred of species is restricted to Tasmania and (mostly eastern) Koppio, section 212 (M.G.Clark 212) had long intrigued Victoria and has rigidly erect spikes with usually green the author but despite many searches on Southern Eyre and white, very neat flowers with the short labellum Peninsula from 1982 to 2002 no further plants were having strongly incurved margins, and the callus shortly located.
    [Show full text]
  • E-F-82-TEM-0026 1 (Report Template 2010)
    Central Eyre Iron Project Environmental Impact Statement CHAPTER 22: SOCIAL ENVIRONMENT CHAPTER 22 SOCIAL ENVIRONMENT COPYRIGHT Copyright © Iron Road Limited, 2015 All rights reserved This document and any related documentation is protected by copyright owned by Iron Road Limited. The content of this document and any related documentation may only be copied and distributed for the purposes of section 46B of the Development Act, 1993 (SA) and otherwise with the prior written consent of Iron Road Limited. DISCLAIMER Iron Road Limited has taken all reasonable steps to review the information contained in this document and to ensure its accuracy as at the date of submission. Note that: (a) in writing this document, Iron Road Limited has relied on information provided by specialist consultants, government agencies, and other third parties. Iron Road Limited has reviewed all information to the best of its ability but does not take responsibility for the accuracy or completeness; and (b) this document has been prepared for information purposes only and, to the full extent permitted by law, Iron Road Limited, in respect of all persons other than the relevant government departments, makes no representation and gives no warranty or undertaking, express or implied, in respect to the information contained herein, and does not accept responsibility and is not liable for any loss or liability whatsoever arising as a result of any person acting or refraining from acting on any information contained within it. 22 Social Environment .............................................. 22-1 22.1 Applicable Legislation and Standards .................................................................................... 22-1 22.2 Impact Assessment Method .................................................................................................. 22-2 22.2.1 Study Areas ............................................................................................................
    [Show full text]
  • Electranet Pty Ltd Eyre Peninsula Analysis
    ELECTRANET PTY LTD EYRE PENINSULA ANALYSIS WS:ANZ_Active:41075381:v1 08 June 2018 Mr. Brad Parker ElectraNet Pty Ltd 52-55 East Terrace Adelaide, SA 5000 AUSTRALIA Dear Mr. Parker, RE: Eyre Peninsula Analysis AME Consulting Pty Ltd (“AME”) has been engaged by ElectraNet Pty Ltd (“ElectraNet”, or the “Client”) to assess the Iron Ore projects on the Eyre Peninsula and discuss the likelihood of the projects commencing over the next 20 years (the “Report”). We understand and acknowledge that ElectraNet will use this report, in whole or part, with their advisors, on their planning report for network upgrades on the Eyre Peninsula. Production and Cost Analysis Available data varies greatly between operations and projects. Much information is not reliable due to language difficulties, the confidential nature of the information, the inability to estimate the reliability of AME’s sources and general lack of data. Consequently, much information has to be estimated and the quality, accuracy and completeness of the resulting cost comparisons will reflect this and cannot be guaranteed. Furthermore, forecast costs embody a number of significant assumptions with respect to exchange rates and other technical variables. Because of these factors, direct comparability between individual projects may be limited and, as such, our supply and cost estimates must be treated with caution and cannot be relied upon. Supply/Demand Analysis In addition, AME has supplied tables of historical data and estimated future supply, demand and market trends by compiling, interpreting and analysing engineering, supply, economic, statistical and technical information from many third-party sources. Such company and country statistics usually contain inconsistencies and utilise sampling data techniques and, thus, should not be relied upon.
    [Show full text]
  • ASX ANNOUNCEMENT Iron Road Limited (Iron Road, ASX:IRD)
    13 December 2016 ASX ANNOUNCEMENT Iron Road Limited (Iron Road, ASX:IRD) CAPE HARDY PORT DEVELOPMENT – CALLS FOR PRELIMINARY REGISTRATIONS OF INTEREST Opportunity for Regional Businesses to Utilise First Capesize Capable Port Facilities for South Australia Iron Road Limited (Iron Road, ASX: IRD) is pleased to announce that Regional Development Australia Whyalla and Eyre Peninsula (RDAWEP), on behalf of Iron Road, has commenced a Registration of Preliminary Interest process in relation to the Cape Hardy port development. An invitation for individuals and businesses seeking to utilise the proposed facilities, located 7km south of Port Neill on the eastern Eyre Peninsula, in South Australia, is now open. RDAWEP and Iron Road are keen to maximise the benefits of this important development to the region and encourage any parties that may be interested in the import or export of commodities, goods and services to register a non-binding preliminary interest. Service providers essential to general port operations are also invited to participate. Cape Hardy is a deep water development that will support vessels up to Capesize class, allowing some of the world’s most efficient dry cargo ships and bulk carriers to service the port. Regional Development Australia is an Australian Government initiative established to encourage partnership between all levels of government and industry to enhance the growth and development of Australia’s regional communities. RDAWEP is the peak body driving the expansion and growth of economic activity across Eyre Peninsula. Iron Road Managing Director Mr Andrew Stocks said that RDAWEP was contracted to undertake this important process on behalf of the Company due to its knowledge of, and commitment to, economic development in the region.
    [Show full text]
  • Southern Eyre Subregional Description
    Southern Eyre Subregional Description Landscape Plan for Eyre Peninsula - Appendix C Southern Eyre comprises a land area of around 6,500 square kilometres, along with a large marine area. The southern boundary extends east from Spencer Gulf to the Southern Ocean, while the northern boundary extends along the agricultural plains north of Cummins. QUICK STATS Population: Approximately 23,500 Major towns (population): Port Lincoln (16,000), Tumby Bay (1,474), Cummins (719), Coffin Bay (615) Traditional Owners: Barngarla and Nauo nations Local Governments: Port Lincoln City Council, District Council of Lower Eyre Peninsula and District Council of Tumby Bay Land Area: Approximately 6,500 square kilometres Main land uses (% of land area): Cropping and grazing (63%), conservation (34%) Main industries: Fishing, aquaculture, agriculture, retail trade, health and community services, tourism, construction, mining Annual Rainfall: 340 – 560mm Highest elevation: Marble Range (436 metres AHD) Coastline length: 710 kilometres (excludes islands) Number of Islands: 113 2 Southern Eyre Subregional Description Southern Eyre What’s valued in Southern Eyre enjoy camping, 4WD adventures and walking. The pristine environment at Memory Cove and Coffin The Southern Eyre community is intrinsically linked Bay’s remoteness and wildness, provide a sense of to the natural environment with its identity ingrained adventure and place. in the “great outdoors”. Many people have their own favourite spot where they go to unwind and feel a Sir Joseph Banks Group are magic sense of place. For some it is their own patch, for parts of the world. They have an others it is a secluded beach or an adventure in the abundance of marine and birdlife bush.
    [Show full text]
  • The ISA Discussion Paper (DP) Identifies The
    The ISA Discussion Paper (DP) identifies the following four projects within the Eyre & Western Region as priorities ‐• 6‐Star $500m International Holiday Resort • Competitive Export Pathways for Primary Industries • Super School in Whyalla Education & Training Precinct • Energy Transmission and Generation on EP. This information is sourced (acknowledged) from the RDSA Infrastructure Priorities Report. The priorities require updating to reflect changes since the report was published and the report, within the context of this region and ISA’s objectives, requires a broader perspective. For instance RDAWEP has successfully supported and advocated for; the $100m Super School (due for completion in 2021) and has broadened the agenda to advocate for an integrated Education and Innovation Precinct (EIP) an $280m upgrade of the energy transmission network (Electranet due to commence construction in 2020) and is progressing various energy generation projects across the region – however the planned transmission upgrade will be at maximum capacity when completed and therefore requires greater capacity than is planned Competitive Export Pathways for Primary Industries which is a catch‐all for the ports of Thevenard, Port Lincoln, Lucky Bay, Whyalla, approved port at Cape Hardy together with bulk handling, storage and transport network efficiencies, including road & rail, for agriculture, mining and processing – this catch‐all represents many projects that drives efficiency, enhances global competitiveness and collectively exceeds $1bn, ranging from maintenance and enhancement of existing assets (i.e. dredging Thevenard) to building new Infrastructure (i.e. Cape Hardy Port and connection to national rail grid) Early high level master planning, identification of key stakeholders, location & land acquisition and potential partners for a multi experience International Resort.
    [Show full text]
  • Attachment 04
    CENTRAL EYRE IRON PROJECT MINING AND DEVELOPMENT APPLICATION GOVERNMENT REQUEST FOR RESPONSE DOCUMENT LETTER Attachment 04 105 Public Submissions Volume 3 of 4 Submissions 050 to 074 Submission Public Submission Name Page Number Number 050 STRINGER LAND P/L - STRINGER ENGINEERING P/L 248 051 NAME & ADDRESS WITHHELD 251 052 RADCLIFFE, BARBARA, DR 252 053 ROCKWELL AUTOMATION 253 054 NAGEL, JAMES 255 055 WUDINNA DISTRICT COUNCIL 256 056 MURPHY, KANE 266 057 NAME & ADDRESS WITHHELD 270 058 NAME & ADDRESS WITHHELD 283 059 OSMOFLO 286 060 BROUGHAM, PETER & PAM 288 061 HEGARTY, KM 319 062 NAME & ADDRESS WITHHELD 323 063 EDWARDS, MARK 325 064 EP CRUSHING 330 065 SKYDEN FARMS 332 066 SMEC 333 067 MURPHY, WENDY 335 068 MURPHY, DAVID 343 069 DISTRICT COUNCIL OF KIMBA 349 070 ADAMS, JAMES 350 071 NAME & ADDRESS WITHHELD 351 072 NAME & ADDRESS WITHHELD 354 073 KRACMAN, BORVIN 356 074 DODD, GEOFFREY 358 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 247 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 248 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 249 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 250 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 251 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 252 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 253 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 254 of 917 Central Eyre Iron Project - Public Submissions 03/09/2016 Page 255
    [Show full text]
  • Uley South – Coffin Bay Observation Well Network Review
    Uley South – Coffin Bay Observation Well Network Review Deborah S Clarke, Volmer Berens and Kevin J Dennis Resource Assessment Department of Water, Land and Biodiversity Conservation January 2003 Report DWLBC 2003/4 Government of South Australia Resource Assessment Division Department of Water, Land and Biodiversity Conservation 25 Grenfell Street, Adelaide GPO Box 2834, Adelaide SA 5001 Telephone National (08) (08) 8463 6946 International +61 8 8463 6946 Fax National (08) 8463 6999 International +61 8 8463 6999 Website www.dwlbc.sa.gov.au Disclaimer Department of Water, Land and Biodiversity Conservation and its employees do not warrant or make any representation regarding the use, or results of the use, of the information contained herein as regards to its correctness, accuracy, reliability, currency or otherwise. The Department of Water, Land and Biodiversity Conservation and its employees expressly disclaims all liability or responsibility to any person using the information or advice. © Department of Water, Land and Biodiversity Conservation 2003 This work is copyright. Apart from any use as permitted under the Copyright Act 1968 (Cwlth), no part may be reproduced by any process without prior written permission from the Department of Water, Land and Biodiversity Conservation. Requests and inquiries concerning reproduction and rights should be addressed to the Director, Resource Assessment Division, Department of Water, Land and Biodiversity Conservation, GPO Box 2834, Adelaide SA 5001. Acknowledgements Thanks are forwarded to John Dinninson, David Cunningham, Peter Russ, Mark Sindicic, Natasha Hall, Jason Van Der Akker, for their assistance in the field. Clarke, D.S., Berens, V., and Dennis, K.J., 2003. Uley South – Coffin Bay Observation Well Network Review.
    [Show full text]
  • Eyre Peninsula, South Australia
    Golden Island, Coffin Bay National Park Coffin Bay Oyster Walk Emu’s on foreshore and then bedded down in Oyster White Sandhills, Seven Mile Beach Town’s shallow waters to await National and Conservation Parks market day, when the oysters would Currently the oyster farms located in Mount Dutton and Kellidie Bays are horses bred in this area as remounts for be taken to Port Lincoln and The parks range from rocky coastal islands to the mainland with windswept used mostly as nursery sites and only small oysters are grown on them. troops during World War One. The remaining Wangary A scenic four kilometre drive north along the cliff tops will shipped to Adelaide. The waters off cliffs and sweeping beaches exposed to the might of the southern ocean. The majority of the leases are situated 15 kilometres from the town of Coffin ponies have been relocated to nearby private take you to Gallipoli Beach where the movie “Gallipoli” Oyster Town were so heavily This contrasts with the tranquil waters and shores of the bays with spectacular Established in the late 1800’s to service the local Bay on the sand banks south of Point Longnose in Port Douglas Bay. Up land. Kellidie Bay Conservation Park is a starring Mel Gibson was filmed. dredged that the native oysters sand dunes and extensive heath lands that give way to dense mallee and community, today it houses the Lake Wangary to 20 oyster boats can be seen plying the waterways each day with much smaller park at 1,786 ha whilst Mount significantly declined and the town remnant sheoak woodland, once the domain of the glossy-black cockatoos.
    [Show full text]
  • LOWER EYRE PENINSULA Fax : 08 8682 1843 Your fi Rst Port of Call
    98 Tasman Terrace Port Lincoln SA 5606 Tel : 08 8682 1655 LOWER EYRE PENINSULA Fax : 08 8682 1843 Your fi rst port of call www.plrealestate.com 5 10 8 3 54 1 2 35 45 5 5 63 75 87 394 6 7 4 DISTRICT MAP INDEX 12 4 7 6 5 5 6 5 8 8 5 Y Albatross Isles...........................I8 Mena Hill..................................D3 5 2 2 7 5 7 W 5 6 H Avoid Bay Is. Con. Pk. ..............E1 Mikkira Station .........................G4 6 11 4 2 7 2 5 Blackfellows Point 6 6 5 5 4 Bicker Is. ..................................F6 Morgans Landing .....................D2 5 6 3 7 Mottled Cove Mottled Cove............................A9 Mount Hope 7 3 6 6 Big Swamp...............................E4 4 1 13 8 3 8 6 2 Mt Drummond..........................B2 Hall Bay 2 8 2 Butler Tanks 1 Blackfellows Pt.........................A2 2 5 Brooker 5 3 4 4 Cape Burr Black Rocks .............................E2 Mt Dutton.................................D3 A 3 Yeelanna 11 6 2 3 A Mt Dutton Bay ..........................E3 Point Drummond POINT 2 DRUMMOND RD 6 5 Kapinnie 5 7 10 7 Port Neill Blyth Is.....................................E9 Three Mt Gawler ................................E6 9 4 4 7 8 Boarding House Bay.................E1 BRATTEN 5 Brothers 5 6 2 8 Mt Greenly ...............................C3 3 3 3 4 Boston Bay...............................F6 3 8 5 6 7 10 3 Boston Is..................................F6 Mt Hope...................................A2 4 11 7 2 5 Murray Pt.................................G6 HWY Cape Hardy Bocaut Is..................................F9 9 14 Murrunatta Con. Pk ..................E4 Picnic 10 6 4 Ungarra 2 2 2 Brooker....................................A6 Beach Mt.
    [Show full text]
  • Iron Road Limited (ASX: IRD) Hold INITIATION REPORT: Paving the Road to Feasibility $0.275
    19 December 2013 Iron Road Limited (ASX: IRD) Hold INITIATION REPORT: Paving the Road to Feasibility $0.275 Lachlan Rutherford PhD MBA Investment Highlights +618 8217 3900 [email protected] • Iron Road Ltd (ASX: IRD) is assessing the development of magnetite iron resources in the Gawler Craton region of South Australia. Capital Summary • Flagship Central Eyre Iron Project (”CEIP”) has a JORC Total Mineral Resource of 3.7Bt @ 16% Fe at Warramboo. Issued Capital: 581.9m ords 3.3m opts • In addition to the Mineral Resource, an Exploration Target of 8–17 Bt @ Share Price (19/12/13): $0.275 14–20% Fe has been identified elsewhere within the CEIP. 52 week low/high: $0.15 / $0.355 • Metallurgical test work has demonstrated that a high-grade 67% Fe Market Capitalisation: $160.0m magnetite concentrate can be produced at a relatively coarse grind Market Capitalisation (dil.1): $160.9m size (>-130µm). Cash (30/09/13): $51.96m • Resource is amenable to low cost, open pit bulk mining methods. 2 Enterprise Value : $108.1m Preliminary operating cost estimate of A$59/dmt is in the second 1 Fully diluted. quartile of the 2013 price adjusted CFR China cost curve. 2 EV = Market capitalisation – cash + debt. • Definitive Feasibility Study (“DFS”) is assessing the production and export of 20Mtpa of magnetite iron concentrate for +20 years. Directors & Key Management • Capesize vessel capable port and rail infrastructure would be Dr Peter Cassidy Chairman scalable, allowing expansion to meet future primary industry needs of the Mr Jerry Ellis Non-executive Director region. Mr Leigh Hall AM Non-executive Director • CEIP product could be used directly in sintering and pelletising at Mr Julian Gosse Non-executive Director Chinese blast furnaces, marketed as substitute for Brazilian Fines, Mr Ian Hume Non-executive Director Pilbara Fines and Chinese domestic concentrates.
    [Show full text]