For thousands of other reports visit RSC's Mineral Intellingence Map
Fortescue Metals Group
Summary
| Project: | Solomon | |
|---|---|---|
| Deposit: | Solomon | |
| Location: | Australia | |
| Commodities: | Iron-Silica-Aluminium-Phosphorus | |
| Date: | 8/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-8-2019: Fortescue Metals Group announces a Resource Estimation report for its Solomon deposit at the Solomon project. Annual mineral resource and ore reserve statement. Fortescue Metals Group (ASX:FMG, Fortescue) presents the Ore Reserves and Mineral R | |
| Resources: | ||
| CP/QP: | [Resources]: David Frost-Barnes (Internal) | |
| ABSTRACT: | Fortescue Metals Group (ASX:FMG, Fortescue) presents the Ore Reserves and Mineral Resources statement for its Hematite and Magnetite operating properties at 30 June 2019. Ore Reserves and Mineral Resources are reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, December 2012 (the JORC Code) as required by the Australian Securities Exchange. The annual summary will be included in Fortescue’s 2019 Annual Report and should be read in conjunction with the enclosed supporting technical information (Attachment 1 – Hematite Ore Reserves and Mineral Resources Report and Attachment 2 – Magnetite Ore Reserves and Mineral Resources Report). Operating Properties include the Chichester and Solomon Hubs as well as the Eliwana deposit (part of the Western Hub). Ore deposit types include Bedded Iron (BID), Channel Iron (CID) and Detrital Iron (DID) mineralisation. A Mineral Resource update for the Iron Bridge Magnetite project was completed by Snowden Mining Industry Consultants in 2019 and provided in an ASX release dated 2 April 2019. Chief Executive Officer Elizabeth Gaines said, “We are pleased to report our Hematite Ore Reserves and Resources at our operating properties maintained at over six billion tonnes, supporting the sustainability of our core iron ore assets across our Solomon and Chichester Hubs, as well as our developing Western Hub.” “Our Eliwana Mine and Rail Project in the Western Hub is now underway, in addition to our Iron Bridge Magnetite Project which is developing Australia’s largest JORC compliant magnetite resource. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report