Kalkaroo copper project, Australia
Name of the Project
Kalkaroo copper project.
Location
The project is located at Kalkaroo, in north-east South Australia.
Project Owner/s
Havilah Resources.
Project Description
Kalkaroo has mineral ore reserves estimated at 100.1-million tonnes grading 0.47% copper and 0.44 g/t gold.
The prefeasibility study (PFS) supports a large-scale openpit mine, with an average production of 30 000 t/y of copper and 72 000 oz/y of gold expected over a 13-year production period.
The PFS is based on an owner-operated fleet.
The mining method is conventional opencut bulk mining using truck and excavator equipment.
The pit development is in a staged cutback to sequence extraction from generally high value to lower value, and shallower to deeper ore over the life of the mine.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an estimated pretax net present value, at a 7.5% discount rate, of $564 million and an internal rate of return of 26%.
Capital Expenditure
Preproduction capital expenditure is estimated at $332-million.
Planned Start/End Date
Not stated.
Latest Developments
Ongoing studies being undertaken by Havilah aim to investigate some of the potential upside scenarios identified by the PFS.
Key Contracts and Suppliers
RPMGlobal Asia (PFS).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Havilah Resources, tel +61 8 8155 4500 or email info@havilah-resources.com.au.
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