OZ Minerals’ $916 million Carrapateena copper gold project has received approval from the South Australian and Australian Federal Governments clearing the way for mobilisation of Phase 2 of construction from mid-April 2018.
|Image source ©OZ Minerals|
The Mining Lease and Environmental Protection and Biodiversity Conservation Act (EPBC) approvals conclude the primary approvals required for the project and follow the signing of a Native Title Mining Agreement between OZ Minerals and the Kokatha Aboriginal Corporation in September 2017.
“Receiving the Mining Lease and EPBC approval is the product of significant effort on the part of the State Government working closely with the Federal Department to ensure this project received a robust and thorough review,” said OZ Minerals Chief Executive Officer, Andrew Cole.
“We have also had our detailed operational plan (Program for Environmental Protection and Rehabilitation) approved by the South Australian Government, representing the conclusion of a significant amount of work on behalf of government departments.”
The Carrapateena project, located approximately 160km north of Port Augusta in South Australia, is one of the largest mines under construction in Australia and is expected to generate around 1000 jobs from construction through to production. OZ Minerals is working closely with the State Government’s Industry Capability Network using their online gateway to connect lead contractors with sub-contractors and local businesses, and the regional business network, Global Maintenance Upper Spencer Gulf, to drive sustainable local procurement and local employment associated with the project.
In line with OZ Minerals’ approach to project development, a two-phased work program was developed for the Carrapateena project.
Carrapateena is currently in Phase 1 of construction, with an estimated commissioning date of Q4 2019. Life of mine average annual production is expected to be 65,000 tonnes of copper and 67,000 ounces of gold, with a life expectancy of 20 years.
Phase 2 comprises the construction of processing and above ground infrastructure, including the processing plant, tailings storage facility, underground materials handling system, access roads and power line.