australia gindalbie metals opens new iron ore mine mining

Ansteel takes control of WA magnetite mine

2014-3-20 · Gindalbie said Ansteel had exercised its right to convert two shareholder loans of $60 million to new shares in iron ore miner Karara Mining. "This will result in Ansteel increasing its ownership ...

Contact us

Australian mining company Gindalbie''s shares just ...

2016-1-12 · The future of Australia miner Gindalbie Metals is in doubt over uncertainty that China''s state-run Ansteel will continue to support a joint magnetite project as global prices for iron ore ...

Contact us

Gindalbie closes book on Karara disaster | The West …

2019-7-3 · The deal gives the Chinese giant full control of the loss-making Karara magnetite iron ore project 200km east of Geraldton and leaves Gindalbie shareholders with $25 million between them. Shareholders also agreed to hive off the company''s interest in the Mt Gunson copper and cobalt project in South Australia and retain it in a separate unlisted entity to be called Coda Minerals.

Contact us

China sees gold lining in Australia iron ore projects ...

2010-7-21 · Recent start-up Gindalbie Metals GBG.AX has a contract to deliver nearly 900 million tonnes of iron ore from its Karara magnetite deposits to China''s No. 2 steelmaker, Ansteel, over three decades.

Contact us

Ansteel lobs welcome bid for Gindalbie Metals that ...

2019-3-11 · Gindalbie''s contingent liabilities were from its interest in Karara Mining which operates the Karara iron ore project. Coda and Mt Gunson. Coda is earning up to 75% of the Mt Gunson project, which is 100km south of BHP''s (ASX: BHP) renowned Olympic Dam copper-gold-uranium operation in South Australia.

Contact us

Shine Iron Ore Project | EPA Western Australia

2020-5-5 · Shine Iron Ore Project. Hide. Project. Proponent: GINDALBIE METALS LTD. Proposal description: The proposal is to develop an iron ore mine located approximately 68 kilometres south-east of Yalgoo and 30 kilometres north-east of the Greater Karara Iron Ore Project in the Shire of Yalgoo. Assessment Number:

Contact us

Karara Iron Ore Mine

2021-7-12 · The mine is one of the few magnetite projects developed in Australia. It forms part of the development of a Mungada haematite project located approximately 15km from the Karara magnetite deposit. The project is jointly owned by Gindalbie Metals and AnSteel, a major Chinese steel and iron ore …

Contact us

Gindalbie Metals enters voluntary trading halt as …

2016-1-8 · The futures of hundreds of workers at the largest iron ore operation in Western Australia''s Mid West are in doubt as the mine''s Chinese owner signals funding woes. ... WA-based Gindalbie Metals ...

Contact us

Report and recommendations of the ...

2021-1-4 · The Shine Iron Ore Project (SIOP) is to develop an iron ore mine approximately 68 kilometres (km) southeast of Yalgoo and 30- km north east of the Greater - Karara Iron Ore Project (Figure 1) being the Karara Iron Ore Project (KIOP) and the Mungada Iron Ore Project (MIOP). The proponent is Gindalbie Metals Ltd.

Contact us

Karara Mining

Gindalbie Metals Ltd is an independent ASX-listed Australian resources company based in Perth, Western Australia. Instrumental in the development phase of Karara, Gindalbie is focused on the development of other projects in its portfolio, including the Mt Gunson base metals project in South Australia. Ansteel holds a 35.89% interest in Gindalbie.

Contact us

Gindalbie''s Kara iron ore mine faces collapse

2016-1-8 · The $3 billion Karara iron ore mine in Western Australia''s Mid-West could be the latest victim of the iron ore price crash, with its Chinese backer reportedly cutting funding to the project.

Contact us

Australia''s Gindalbie Metals opens new iron ore mine ...

2013-4-9 · Australia''s Gindalbie Metals Ltd. (ASX: GBG) opened its new iron ore Karara project in the country''s mid-western region on Tuesday.

Contact us

Gindalbie Metals opens Australian iron ore mine project

Gindalbie closes book on Karara disaster | The West Australian

Contact us

Sinosteel and Gindalbie start Australia iron ore …

2011-3-31 · Gindalbie Metals and Chinese metals group Sinosteel will start shipping iron ore to China on Thursday at a rate of 60,000 per month for eight months, Gindalbie said on Thursday.

Contact us

Nature-related financial risk opens new can ...

2021-6-10 · Nature-related financial risk opens new can of worms for miners ... Canada Europe Latin America Cobalt Copper Gold Iron Ore . ... looking at likely impacts of mining the metals used in digital and ...

Contact us

Iron ore mining in Australia Part 1 – history, top ...

2021-2-3 · Iron ore in production in Australia. BHP initiated iron ore mining in South Australia in 1903, initially for flux at the Port Pirie lead smelters but later steel production at Newcastle in 1915 and primarily as a way to provide for its future beyond Broken Hill. The two largest iron ore producers in the world are Rio Tinto and BHP Billiton with ...

Contact us

Ansteel to acquire Gindalbie Metals in ...

2019-3-12 · Gindalbie Metals will be purchased by Chinese producer Ansteel in a deal worth around $25 million after demerging its subsidiary Coda Minerals to the shareholders. The target firm has struggled to turn a profit at its Karara magnetite iron project in Western Australia in recent years and had outstanding debts of $231 million at the end of 2018.

Contact us

Ansteel''s Australian or JV starts

2013-5-1 · The iron ore mining joint venture between China''s Anshan Steel and Australia''s Gindalbie Metals Ltd started operating on 9 April. Called Karara Mining, the project is expected to have an annual production capacity of 21Mt of magnetite ore and 8Mt of iron concentrate.

Contact us

The world''s biggest iron ore mines

2014-2-19 · The mine was developed by Karara Mining Limited (KML), a joint venture between the Western Australia-based iron ore producer Gindalbie Metals, Chinese steel producer Anshan Iron and Steel Group Corporation (Ansteel), which is the life of mine …

Contact us

GINDALBIE TO DEMERGE CODA MINERALS AND BE …

2019-3-10 · Gindalbie''s stake in Karara Mining Limited ("KML"), the company that operates the Karara Iron Ore Project ("Karara"). As at 31 December 2018, Gindalbie had contingent liabilities totalling $231 million in relation to bank guarantees provided to suppliers of KML.

Contact us

Gindalbie Metals opens Australian iron ore mine project

2013-4-9 · Gindalbie Metals opens Australian iron ore mine project. Australian iron ore miner Gindalbie Metals has officially opened the Karara iron ore project, Australia''s second largest magnetite project, in the country''s mid-western region. The project, located approximately 225km east of Geraldton Port, is a 50:50 joint venture between Gindalbie Metals ...

Contact us

New Acacia species from Gindalbie Metals Pty Ltd iron …

2010-1-4 · New Acacia species from Gindalbie Metals Pty Ltd iron ore leases on Karara Station and nearby areas, Western Australia INTRODUCTION Preamble In 2006 I commenced work on arid zone Acacias (Wattles) with particular emphasis on Mulga (Acacia aneura and its relatives) and species that occurred on Banded Ironstone For-mation (BIF) ranges.

Contact us

Gindalbie Metals Archives

West Australian iron ore miner Gindalbie Metals has flagged the need to cut jobs at its head office as part of cost reduction at the Karara Project. April 30, 2014 0 Gindalbie appoints new CFO Iron ore miner Gindalbie Metals has announced Wayne Zekulich will take over as the company''s chief financial officer at the end of January.

Contact us

Gindalbie accepts $39m takeover

2019-3-11 · Gindalbie owns a 48 per cent stake in the Karara magnetite mine in Western Australia''s Mid West region, a mine that has long struggled for profitability and in recent years has relied on a ...

Contact us

Shine Iron Ore Project, Perth, Western Australia, …

The Shine iron ore project is located approximately 375km north-east of Perth, 85km north of Mount Gibson''s Extension Hill, and 230km east of the Port of Geraldton, in the mid-west region of Western Australia. The project site comprises M59/406, M59/421, and M59/731 mining leases covering a total area of approximately 6.5km 2 .

Contact us

Karara Iron Ore Mine

2011-3-31 · Gindalbie Metals and Chinese metals group Sinosteel will start shipping iron ore to China on Thursday at a rate of 60,000 per month for eight months, Gindalbie said on Thursday.

Contact us

Gindalbie in equity raising after mine delay

2012-11-30 · A SLOWER than expected start-up at its Karara iron ore mine in Western Australia and rising costs pressures have forced Gindalbie Metals into a surprise 62 million equity raising.

Contact us

Gindalbie accepts $39m takeover

2019-3-11 · Gindalbie is one of the last surviving iron ore juniors that emerged during last decade''s China boom, flying high on the back of surging iron ore prices and crashing hard when the market turned ...

Contact us

Gindalbie sees first iron ore from Karara

2012-8-15 · Gindalbie Metals has shipped its first train load of iron ore from its Karara mine. This milestone is the first time Karara''s integrated mine and rail logistics chain has been used.. It comes ...

Contact us

MOST INENTI ETRE MINING PROJECTS Special Report

2019-5-20 · 1 South Flank BHP Group Iron ore $4.6bn 2 Iron Bridge Fortescue Metals Group, Formosa Plastics Group, Baosteel Magnetite $4.4bn 3 Koodaideri Rio Tinto Iron ore $3.5bn 4 Wodgina Refinery Mineral Resources, Albermarle Corporation Lithium $2.2bn 5 Eliwana Fortescue Metals Group Iron ore $1.7bn 6 Robe River sustaining Rio Tinto Iron ore $1.3bn

Contact us

Related Posts