Sandfire Resources’ DeGrussa copper-gold mine in West Australia just sent off its millionth tonne of concentrate.
According to the West Australian newspaper, four year old Sandfire mine has now “seen off more than 8000 truck loads of copper and gold headed for export through the Port Hedland and Geraldton ports.”
Calling it “one of the best base metals discovery in WA in several decades”, the paper said the rich deposit has now “generated more than $US1.5 billion in sales revenue.”
It’s also “sparked a flurry of exploration activity in the Doolgunna area near DeGrussa as everyone including Sandfire seeks the next copper-gold lode.
The most promising results have come from a Sandfire-run exploration program at Talisman Mining’s Springfield project, close to DeGrussa.
A maiden resource estimate for the Monty prospect, where drilling has intersected massive sulphides and high grades of copper and gold, is imminent as the venture terms are finalised.”
Sandfire: http://www.sandfire.com.au