Large economically viable deposits of iron ore are essentially restricted to Western Australia and South Australia (Figure 3.15). Western Australia dominates both EDR and total resources, holding some 91% and 86%, respectively (Figure 3.16). South Australia holds 8% of iron ore EDR and 10% of total iron ore resources.
Western Australia (WA) is the epicentre of Australian mining and a major player in the international mining industry. It hosts a huge amount of high-grade resources and some of the largest mines in the country. WA is the world''s largest iron ore supplier, with multiple iron ore projects, especially in the Pilbara region in the north of the state.
In October 2019, the Government of South Australia approved Peak''s revised Program for Environmental Protection and Rehabilitation (PEPR) to recommission the open pit. The first blast occurred on 21 November 2020. The remaining mineral resource consists of approximately 7.2 million tonnes of high-grade iron ore (~63% Fe).
Production of Iron ore in South Australia has increased from 7,000 tons in 1891 to an annual three million tons a hundred years after BHP started its operations in 1899. Iron ore is a bulky, low priced commodity and its mining can only be economical if transport costs can be kept to a minimum and the deposit is large and easily accessible.
Iron ore is Australia''s largest source of export revenue, worth $117 billion (approximately US$85 billion) in 2017. While the price of iron ore has been moderating some of the growth in export revenue in recent years, the volume of Australia''s iron ore exports is continuing to grow, albeit at lower rates. In 2020 shipments of iron ore from Australia increased by 31 million tonnes and ...
The Braemar Iron Formation (The Braemar) is an emerging iron ore region in northeast South Australia and far western New South Wales. It consists of a series of alternating bedded, tillitic, and interbedded magnetite units that represent cycles of glacial advances and retreats.
Iron ore – three deposits namely Maldorky and Grants JORC Resources and Grants Basin, with potentially several billion tonnes of iron ore mineralisation. Over 16,000 km² of highly prospective mineral tenements in South Australia – unmatched elsewhere in Australia. *Note that not all announcements are posted on this website.
· Mining iron ore is a process of extracting and purifying iron ore minerals from rock deposits. ... has made the leap from explorer to producer at its South Australia Iron Ridge Iron Ore …
Peak Iron Mines | Home. Peak Iron Mines is a privately owned iron ore mining, development and exploration company with major projects in the South Australian Gawler Craton. Peak through it''s wholly owned subsidiaries, Southern Iron Pty Ltd and Central Iron Pty Ltd, operates the Peculiar Knob DSO hematite mining operation as well as the Hawks ...
· The Middleback Ranges (MR) is a major iron ore belt in South Australia, with hematite and magnetite reserves of 32.2 Mt and 56 Mt, respectively, @ ∼50–55% Fe (Arrium Mining, 2016). Mineral resources within the MR were first identified in the mid-19th Century (Yeates, 1990).
· BHP''s new South Flank mine has just started production.(Supplied: BHP) Australia''s iron boon. Iron ore is Australia''s single largest export and Treasury predicts the value of …
· The South Australian Government has approved the development of Port Augusta Operations'' (PAO) new export port facility on the Upper Spencer Gulf to service present and future iron ore projects. The new Port Playford export port facility is …
· Power station turned iron ore port signs first customer Mining & Resources . The long-awaited transformation of the former Port Augusta power station site in South Australia has taken an important step forward with the first customer signing on to use the iron ore export port set to be established there.
· Longer term issues if African iron ore starts to flow. In the longer term, the really big issue confronting the iron ore miners is the potential for a really large new supplier. At the moment, Brazil and Australia supply the vast bulk of the high-quality seaborne iron ore to the world''s markets but that situation could be about to change.
CDE undertook its largest mining project to date in late 2016, converting almost 18 million tons of lowgrade iron ore into saleable product for SIMEC in South Australia.
· Neither Australia''s Department of Industry, Science, Energy and Resources, nor the mining sector lobby group Minerals Council of Australia, have characterised the current iron ore …
· A raft of mid-sized and junior companies also report iron ore resources in the Pilbara – as well as moderate size iron ore mines in South Australia, Tasmania and the Northern Territory.
· The huge iron ore resource just three hours from Adelaide Business . The world''s largest undeveloped magnetised iron ore resource is just three hours from Adelaide, with proponents of a new push to develop the area arguing that it could position South Australia as …
· Anglo-Australian miner Rio Tinto produced just under 286 million tonnes of iron ore in 2020 – a 1.7% increase on the previous year. The company''s iron ore operations are largely based in the Pilbara region of Australia, which is the world''s top iron ore producing country and home to the largest known reserves.
· The Braemar Iron Formation stretches 250 km from Peterborough in South Australia''s mid-North to Broken Hill in New South Wales, and is regarded as Australia''s next major iron ore region. Spokesman Andrew Woskett sees potential for 20-40 billion tonnes of mineable deposits …
Australia possesses a network of highly-regarded research institutions dedicated to publishing new geologic data, new geologic discoveries and new developments in mining innovation and technology. On this page you will find a selection of maps, guides and information on minerals and exploration from Australia''s government agencies and ...
· 11:26am Jan 14, 2021. China - which imports 60 per cent of its iron ore from Australia - is looking at sourcing supplies of the steel-making material from other markets. Iron ore is Australia''s ...
· The Australian iron ore industry was also born in South Australia. Iron ore has been shipped from the Middleback Ranges near Whyalla since 1903, and steel since 1941. Today, South Australia is a better position than ever to work with potential domestic and/or global partners requiring iron ore and/or its derivatives.
SIMEC Mining owns and operates a 10m tonne per annum iron ore mine in the Middleback Ranges in South Australia, approximately 60 kilometers from the town of Whyalla. These operations incorporate the Iron Baron, Iron Knob and South Middleback Ranges mine sites. They mine both hematite and magnetite iron ore which is respectively railed and piped ...
Our Iron Ore mining operations in South Australia''s Middleback Ranges, south of Whyalla, consist of three primary mine sites: Iron Baron, Iron Knob and the South Middleback Ranges. Administration functions and ore processing and shipping facilities are located within the city limits of Whyalla, with corporate functions based in Adelaide and ...
Maldorky Iron Ore Project . Maldorky is the highest grade Braemar Iron Formation iron ore deposit in the northeast of South Australia. It is located within 26 km of the Transcontinental railway line and approximately 90 km southwest of Broken Hill. It contains a JORC Indicated Resource of 147 million tonnes of 30.1% iron at a cut-off grade of ...
Commodities China determined to build iron ore hub in Africa as Australia goes Quad. World''s largest untapped reserve could be online by 2025, expert says
An existing mothballed South Australian iron ore mine has brought a new wave of hope for many seeking mining jobs in the state. The Iron Knob mine which is situated 50kms from Whyalla, has been earmarked for a resumption of iron ore mining activity, after not operating at …
· Record copper sales and soaring gold and iron ore prices in the second half of 2020 have helped the Australian state reach its second-highest year of mining value, the latest South Australian ...
· At present Australia and Brazil have an effective duopoly over the production of high-grade iron ore at the best prices. Iron ore remains far and away Australia''s biggest export — in …
· BHP has delivered first ore at the South Flank iron ore mine in the Pilbara region of Western Australia after $4.65 billion and 9000 jobs made it possible.
· While some years ago the defined iron ore resources in the Pilbara were far bigger than those in South Australia, the map below shows the increasing size and growing number of South Australian resources. Australian iron ore deposits and operating mines 2018. Source: Geoscience Australia Magnetite''s time has come
· Iron oxide Cu-Au deposits were recognised as a distinct class of ore deposits following the discovery of the Olympic Dam Cu-U-Au deposit in South Australia in 1975 (Hitzman et al., 1992). Since this time numerous IOCG deposits have been discovered globally, and previously known deposits have in some cases been re-classified as IOCG deposits.
· Iron ore company Magnetite Mines has obtained a new iron ore tenement after a competitive process run by South Australia''s Department for Energy and Mining. The award of the Muster Dam tenement to Magnetite Mines (ASX:MGT) adds to its existing Razorback high grade iron ore project also in South Australia''s Braemar iron formation.
· Iron ore prices have surged 20 per cent above the 2011 record over the past fortnight and are dragging Australia''s biggest exporter, Rio, into a net cash position just 13 years after it was ...
· Australia has long been China''s go-to for iron ore, with Australia''s vast iron ore production and the proximity of the two countries making for a productive relationship. Australia is the largest source of feed for China''s steel mills, with around 60% of China''s iron ore imports originating from Australian mines.
Grants is a large hull-shaped iron ore deposit with a JORC Inferred resource of 304 million tonnes of 24% Fe (at an 18% Fe cutoff). Grants Basin is one of the largest iron ore discoveries in Australia in recent decades with an Exploration Target of 3.5-3.8 billion tonnes of …
· BHP has high expectations for the future, as first production at the South Flank iron ore project in the Pilbara coincides with continued government stimulus and soaring commodity prices.
· The Australian iron ore industry was also born in South Australia. Iron ore has been shipped from the Middleback Ranges near Whyalla since 1903, and steel since 1941. Today, South Australia is a better position than ever to work with potential domestic and/or global partners requiring iron ore and/or its derivatives.
The Department for Energy and Mining (DEM) acknowledges Aboriginal people as the First Nations Peoples of South Australia. We recognise and respect the cultural connections as the Traditional Owners and occupants of the land and waters of South Australia, and that they continue to make a unique and irreplaceable contribution to the State.