Major UK Tungsten Project Starts To Move
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- Category: Tungsten's News
- Published on Monday, 08 July 2013 16:23
- Hits: 2125
The Blackwell contract is worth some £85 million ($A140 million) and will be in two phases. Phase 1 will cover mining pre-strip and development tungsten mine, while Phase 2 is for contract mining to deliver ore to the plant.
The contract term for Phase one is 11 months from the commencement date, followed by Phase 2 which has a five year term from completion of Phase 1 work.
The Hemerdon mine, has a mineable ore reserve comprising a base case open pit at a cutoff grade of 0.063% tungsten of 26.7 million tonnes of proven .
And probable ore grading 0.19% tungsten and 0.03% tin within a JORC compliant resource of 401 million tonnes grading 013% tungsten trioxide and 0.02% tin which reportedly places it as the third largest known tungsten deposit in the world.
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