Asset Report

Koolan Island iron ore mine

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19 June 2018

Koolan Island iron ore mine

Report summary

Mount Gibson are intending to re-start production at Koolan Island's main pit. Reserves of 12.8 million tonnes grading 66% Fe with an initial mine life of 3.5 years have been defined. Total capex costs will be A$97 million, including construction of a new seawall and dewatering. A 24 month period is anticipated from approvals to ore production with first ore sales targeted to commence in early 2019.

Table of contents

  • Key facts
    • Summary
    • 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:

  • Key facts: Table 1
  • Detail map
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Production
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions
  • Operations: Table 1

What's included

This report contains:

  • Document

    Koolan Island iron ore mine

    PDF 3.54 MB

  • Document

    Koolan Island.xls

    XLS 208.00 KB

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