Asset report

Esperanca iron ore mine

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Report summary

Ferrous Resources was formed in February 2007 focused at the time on the acquisition of under capitalised and under exploited iron ore resources in the Quadrilátero Ferrífero (QF) region of Minas Gerais state in Brazil. Given Esperanca's comparatively high cost position Ferrous decided to shut down its operations in 2015. Ore from Esperanca undergoes a fairly rigorous beneficiation process because of the low raw ore grade and high levels of impurities particularly silica. This ultimately gives rise to high processing costs.

What's included

This report contains

  • Document

    Esperanca iron ore mine

    PDF 325.63 KB

  • Document

    Esperanca.xls

    XLS 211.50 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

Images

  • Detail Map
  • Production
  • Cash cost

Tables

  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2017)
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

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