Eva copper mine project, Australia
Name of the Project
Eva copper mine project.
Location
Queensland, Australia.
Project Owner/s
Harmony Gold Mining Company acquired 100% of the project and 16 exploration tenements from Copper Mountain Mining Corporation in December 2022.
Project Description
The Eva mine has been declared a ‘prescribed project’, given its importance to the region.
The mine is an iron-oxide/copper/gold resource poised to become the biggest copper mine in north-west Queensland.
The project has a current declared mineral resource of 366-million tonnes at 0.40% copper for 1.47-million tonnes of copper and 196-million tonnes at 0.07g/t gold for 440 000 oz
of gold.
The project has the potential to be a long-life conventional openpit mine, with a copper concentrator producing a highly saleable copper concentrate.
Harmony expects average copper production of between 50 000 t/y and 60 000 t/y, and gold production of about 14 000 oz/y, subject to the finalisation of the feasibility study.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
No details available yet.
Capital Expenditure
The project has received conditional grant funding of A$20.7-million from the Queensland government.
Planned Start/End Date
First copper is targeted in the 2028 financial year.
Latest Developments
The feasibility study update for the project is under way.
Key Contracts, Suppliers and Consultants
Not disclosed.
Contact Details for Project Information
Harmony Gold Mining Company, tel +27 11 411 2000 or email corporate@harmony.co.za.
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