Dugald River
The Dugald River deposit is a world-class undeveloped zinc-lead-silver resource located in north-western Queensland, approximately 65 kilometres north-west of Cloncurry and 85 kilometres north-east of Mt Isa.
Dugald River is a robust project capable of producing approximately 200,000 tonnes of zinc, 25,000 tonnes of lead and 900,000 ounces of silver.
With a development capital expenditure in excess of $A800 million, the scope of the project includes a 2 million tonne per annum underground mine with twin decline access and conventional longhole and bench stoping; traditional grinding and flotation circuit; and a combination of existing and proposed rail, storage and ship-loading facilities.
Dugald River has a projected mine life of over 23 years. With the resource open at depth, the mine has the potential to continue operation beyond these years.
The project is set to be reviewed by the Board once full environmental approval is received in 2012.
The project remains on track to commence early production during 2014.