Woodlawn copper/zinc mine, Australia

10th May 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

Font size: - +

Name of the Project
Woodlawn copper/zinc mine.

Location
New South Wales, Australia.

Project Owner/s
Develop, through its subsidiaries Tarago Operations, Tarago Exploration and Ochre Resources.

Project Description
Eighty per cent of the project is underpinned by reserves, with ore reserves of six-million tonnes at 2.8% copper and mineral resources of 11.3-million tonnes at 3.8% copper.

The production restart study completed on the project in April 2024 returned exceptional metrics, confirming the mine’s exceptionally strong financial and technical merits, based on an 850 000 t/y underground mine.

The mine plan estimates that Woodlawn will produce an average 12 000 t /y of copper and 36 000 t/y of zinc metal in payable streams over an estimated ten-year mine life, with life-of-mine payable metal of 80 000 t copper and 
218 000 t zinc.

Woodlawn will use top-down, longhole open stoping using paste fill, as mining methods.

The mine, as well as processing and other infrastructure, is already in place.

Potential Job Creation
The mine workforce is expected to peak at 250.

Net Present Value/Internal Rate of Return
The pretax net present value is estimated at A$658-million, with a payback of less than two years.

Capital Expenditure
About A$42-million.

Planned Start/End Date
Not stated.

Latest Developments
Develop has decided to start exploring funding options that may result in its selling a minority interest in Woodlawn.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Develop, tel +61 8 6389 7400.
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION