PROMINENT HILL THE PROMINENT HILL COPPER-GOLD OPERATION MOVED INTO PRODUCTION IN EARLY 2009 AND IS NOW MAKING THE HIGHEST GRADE COPPER CONCENTRATE TRADED ON THE OPEN MARKET. OZMINERALS.COM OZ Minerals’ Prominent Hill copper-gold mine was brought into operation in February 2009. Prominent Hill produces high quality copper concentrates for export and domestic consumption. The operation is located 650 kilometres north west of Adelaide and 130 kilometres south east of the town of Coober Pedy in the Gawler Craton of South Australia. The Prominent Hill copper-gold deposit was discovered in 2001 by Adelaide based Minotaur Exploration Limited and was a stand-out greenfield discovery in Australia. The Prominent Hill project was acquired in early 2005 and first production was achieved in February 2009. Ramp-up of the project has proceeded successfully with production on schedule to meet original guidance for the year. Situated in one of the world’s most mining friendly locations in South Australia, Prominent Hill displays highly competitive fundamentals. It is a large copper-gold resource, it is high grade, the ore process using conventional methods and there is significant exploration potential. The operation is comprised of an open pit mine, a grinding and flotation processing plant with an 8mtpa capacity, a permanent village and a haulage road, power line and bore field. Prominent Hill produces some of the world’s highest grade copper concentrates. These concentrates travel directly to international customers, via the Adelaide to Darwin railway and the Port of Darwin. Concentrates are also transported by road to local customers. FIRST PRODUCTION: February 2009. MINING: Open-pit. PROCESSING PLANT: Conventional crushing, grinding and flotation. PRODUCT: High quality copper concentrate. WORKFORCE: Fly-in / Fly-Out; approximately 580 people. 2010 PRODUCTION (FORECAST): 100,000 - 110,000 tonnes contained copper, 80,000 - 90,000 ounces gold
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PROMINENTHILL
THE PROMINENT HILL COPPER-GOLD OPERATION MOVED INTO PRODUCTION IN EARLY 2009 AND IS NOW MAKING THE HIGHEST GRADE COPPER CONCENTRATE TRADED ON THE OPEN MARKET.
OZMINERALS.COM
OZ Minerals’ Prominent Hill copper-gold mine was brought into operation in February 2009. Prominent Hill produces high quality copper concentrates for export and domestic consumption.The operation is located 650 kilometres north west of Adelaide and 130 kilometres south east of the town of Coober Pedy in the Gawler Craton of South Australia.
The Prominent Hill copper-gold deposit was discovered in 2001 by Adelaide based Minotaur Exploration Limited and was a stand-out greenfield discovery in Australia. The Prominent Hill project was acquired in early 2005 and first production was achieved in February 2009. Ramp-up of the project has proceeded successfully with production on schedule to meet original guidance for the year.
Situated in one of the world’s most mining friendly locations in South Australia, Prominent Hill displays highly competitive fundamentals. It is a large copper-gold resource, it is high grade, the ore process using conventional methods and there is significant exploration potential.
The operation is comprised of an open pit mine, a grinding and flotation processing plant with an 8mtpa capacity, a permanent village and a haulage road, power line and bore field.
Prominent Hill produces some of the world’s highest grade copper concentrates. These concentrates travel directly to international customers, via the Adelaide to Darwin railway and the Port of Darwin. Concentrates are also transported by road to local customers.
FIRST PRODUCTION: February 2009.
MININg: Open-pit.
PROCeSSINg PlaNT: Conventional crushing, grinding and flotation.
PRODUCT: High quality copper concentrate.
WORkFORCe: Fly-in / Fly-Out; approximately 580 people.
OZ MINERALS Level 10, 31 Queen Street Melbourne VIC 3000 GPO Box 1291K Melbourne VIC 3001 T 61 3 9288 0333 F 61 3 9288 0300 E [email protected]
FUTURE DEVELOPMENTSOZ Minerals is exploring around the Prominent Hill area for further copper-gold deposits and exploration testing so far has returned some excellent results.
A drilling program is currently in progress and designed to test 22 targets identified on the 4,000 kilometre square Prominent Hill tenement package.
New resources have also been discovered to the west of the main deposit at the Western Copper Zone and this is currently subject to a scoping study.
A full feasibility into underground mining options at Prominent Hill is currently in progress and is expected to be completed in the first quarter of 2010. If successful this would allow first underground production, concur-rent with open pit mining, in 2013.
EMPLOYMENT OPPORTUNITIESA full list of employment opportunities at Prominent Hill are available on the OZ Minerals website at www.ozminerals.com.
First production of Prominent Hill copper concentrate occurred in
February 2009
OZ MINERALSOZ Minerals is an Australian based mining company with a focus on copper. The Company owns and operates the high quality new Prominent Hill copper-gold mine in South Australia and is maximizing value from the Prominent Hill operation and from exploration in the highly prospective region.
OZ Minerals is also building a pipeline of projects which can deliver superior returns in the medium term through acquisition, organic developments and a strong commitment to exploration both at existing projects and through the identification of new opportunities. OZ Minerals has a strong balance sheet, a team of highly skilled mining industry professionals and a commitment to Respect, Integrity, Action and Results.
