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ploration drilling. north-west Queensland was the first site
The drive, to be developed in compe- in the world to trial and adopt our wire-
tent footwall felsic rocks, will be positioned less explosives technology WebGen,”
about 200m from the known mineralisation Orica chief executive Alberto Calderon
and provide a platform for resource defini- said.
tion drilling of Golden Swan and additional “This deal shows Glencore’s confi-
exploration drilling of the highly prospective dence in our technology roadmap, as
Southern Terrace. well as aligning with their strategic vision
WestAuz was set to mobilise to Black for technology to deliver added value to
Swan at the time of print with the aim of mak- their operations.”
ing the first development cut in the new drive
in early December. Strandline turns on the
Poseidon plans to start resource definition
drilling on the Golden Swan mineralisation in power at Coburn
late Q1 2021.
Strandline Resources Ltd has taken
Fenix on the road to Glencore’s Ernest Henry mine was the first another important step towards develop-
ment of its Coburn mineral sands project
development site in the world to trial Orica’s fully wireless in Western Australia by appointing Con-
explosives technology WebGen tract Power Australia as preferred con-
Fenix Resources Ltd has awarded two tractor to build, own and operate (BOO)
key contracts for its Iron Ridge project in the requisite power generation facilities.
Western Australia’s Murchison region. Orica joins forces with Coburn’s purpose-designed power
The iron ore hopeful has executed a con- Glencore infrastructure is based on a low-cost,
tract for road transportation with Fenix Ne- low-emission solution integrating natural
whaul Pty Ltd (previously Premium Minehaul Orica has been awarded a five-year gas-fuelled generation with state-of-the-
Pty Ltd), an incorporated JV established to explosives technology contract for Glen- art solar and battery storage technology,
implement the strategic alliance between core’s Australian copper and zinc opera- enabling Strandline to capture energy
the company and Craig Mitchell, the founder tions. supply cost savings relative to the DFS
and former owner of major transport and lo- Beginning in January, Orica will de- published in June 2020.
gistics provider Mitchell Corp. liver the full suite of explosives technol- The power station will be located near
Fenix Newhaul has already ordered prime ogy and blasting services across multi- the mineral separation plant and de-
movers and trailers for the project and se- ple Glencore mines, including McArthur signed for a maximum demand capacity
cured funding for this specialist equipment River (Northern Territory), Lady Lorretta, of 16MW and average consumed power
through a manufacturer. Mount Isa Mines and Ernest Henry (all of about 10MW. Natural gas will be sup-
The contract is valued at $360 million for Queensland) and CSA (New South plied by others under an industry-stand-
the estimated six-year life-of-mine, based on Wales). ard long-term LNG supply agreement
a terminal gate diesel price of $1.34/L. Orica has an existing supply agree- and trucked to an on-site storage and
Fenix has also awarded an open-pit min- ment with Glencore’s nickel and cobalt re-vaporisation facility supplied by Con-
ing and crushing and screening contract to operations at Murrin Murrin in Western tract Power, a wholly owned subsidiary
MACA Ltd, valued at $185 million over the Australia. of Pacific Energy Ltd.
75-month term. The contract includes the supply of the Both parties will now compile final con-
MACA’s scope of work consists of open world’s first fully wireless initiating sys- tract documentation to the satisfaction of
pit mining services, including drilling and tem WebGen, as well as the BlastIQ dig- lenders. The contract will be based on
blasting and loading and hauling, as well as ital blast optimisation suite of products a 15-year BOO commercial model with
crushing, screening and stockpiling services and the Bulkmaster 7 smart explosives fixed and variable payment regime for
at the site. delivery system. power consumed over the term.
“Glencore’s Ernest Henry mine in
+ 27 (0)11 028 1181 info@nucleusml.co.za www.nucleusml.co.za
aUSTRaLIa’S PaYDIRT DeCeMBeR 2020 - JaNUaRY 2021 Page 109

