Murrin Murrin Joint Venture
Location | |
---|---|
![]() ![]() Murrin Murrin Location in Australia | |
Location | Leonora |
State | Western Australia |
Country | Australia |
Coordinates | 28°46′03″S 121°53′38″E / 28.76750°S 121.89389°ECoordinates: 28°46′03″S 121°53′38″E / 28.76750°S 121.89389°E |
Production | |
Products | Nickel, Cobalt |
Production | Nickel: 35,500 t Cobalt: 2,900 t |
Financial year | 2018 |
History | |
Opened | 1999 |
Owner | |
Company | Glencore (100%) |
Website | Glencore website |
Year of acquisition | 2011 |
The Murrin Murrin mine project is a major nickel-cobalt mining operation being conducted in the North Eastern Goldfields, approximately 45 km east of Leonora, Western Australia. The Project was initiated as a joint venture between Murrin Murrin Holdings Pty Ltd, a wholly owned subsidiary of Anaconda Nickel Limited (whose share was 60%) and Glenmurrin Pty Ltd, a wholly owned subsidiary of Glencore International AG, which had a 40% share.[2] In 2003 Anaconda changed its name to Minara Resources Limited. In November 2011, Minara Resources was fully acquired and is now wholly owned by Glencore International.[3] The mine opened in 1999.[4]
Geology[]
Murrin Murrin mines a laterite nickel ore formed by deep weathering of a peridotite ultramafic rock.
Problems with the process plant[]
Significant problems and delays were encountered in the design, construction and commissioning of the ore process plant at Murrin Murrin.[5]
The designers, Fluor Daniel eventually had to pay the joint venture partners A$155 million in an out of court settlement. It was their second successful claim against Fluor, Murrin Murrin owners having been awarded $147 million from the first phase of their claim against Fluor, a sum which ultimately was reduced to $39.8 million. The Murrin Murrin project's original cost estimate of $1 billion had blown out $1.6 billion.[6]
Production[]
Production of the mine:
Year | Nickel | Cobalt |
2000[4] | 13,027 t | 904 t |
2001[4] | 25,991 t | 1,253 t |
2002[4] | 30,009 t | 1,838 t |
2003[7][8][9] | 28,147 t | 2,309 t |
2004[10] | 27,950 t | 1,982 t |
2005[10] | 28,240 t | 1,750 t |
2006[10] | 31,524 t | 2,096 t |
2007[10] | 27,585 t | 1,884 t |
2008[10] | 30,514 t | 2,018 t |
2009[11] | 32,977 t | 3,250 t |
2010[12] | 28,500 t | 1,900 t |
2011[12] | 28,500 t | 1,900 t |
2012[13] | 33,410 t | 2,390 t |
2013[14] | 40,000 t | 2,700 t |
2014[14] | 36,400 t | 2,700 t |
2015[15] | 37,500 t | 2,800t |
2016[15] | 35,300 t | 2,800 t |
2017[16] | 34,700 t | 2,700 t |
2018[16] | 35,500 t | 2,900 t |
See also[]
Sources[]
- The Australian Mines Handbook: 2003–2004 Edition, Louthean Media Pty Ltd, Editor: Ross Louthean
References[]
- ^ "Preliminary Results 2018" (PDF). Baar, Switzerland: Glencore. 20 February 2019. p. 22. Retrieved 9 May 2019.
- ^ Ladbury, Richard A. (1998). "Resource Project Financing: Capital Markets Project Financing" (PDF). AMPLA Yearbook. Melbourne: Australian Mining and Petroleum Law Association. Retrieved 9 May 2019.
- ^ Glencore mops up Minara Resources takeover, The Australian, October 14, 2011.
- ^ a b c d The Australian Mines Handbook: 2003–2004 Edition, page: 39
- ^ Nedeljkovic, Zoran. (1998) Andrew Forrest : a key to Murrin Murrin's past and future Mining chronicle (West Perth, W.A.) Late June 1998, p. 6
- ^ Minara handed $155m for Murrin mine fiasco The Sydney Morning Herald, published: 6 May 2004, accessed: 10 September 2009
- ^ "Financial report half year ending 31 December 2003" (PDF). ASX. Minara Resources Limited. 18 February 2004. Retrieved 9 May 2019.
- ^ "Quarterly report for the period ended 30 June 2003" (PDF). Perth, WA: Anaconda Nickel Limited. 29 July 2003. Retrieved 9 May 2019.
- ^ "Quarterly report for the period ended 31 March 2003". Perth, WA: Anaconda Nickel Limited. 23 April 2003. Retrieved 9 May 2019.
- ^ a b c d e "2008 Annual Report" (PDF). Perth, WA: Minara Resources Limited. 27 March 2009. p. 16. Retrieved 9 May 2019.
- ^ "Quarterly report 31 December 2009" (PDF). Perth, WA: Minara Resources Limited. 19 January 2010. p. 2. Retrieved 9 May 2019.
- ^ a b "Annual Report 2011" (PDF). Baar, Switzerland: Glencore. 10 April 2012. p. 53. Retrieved 9 May 2019.
- ^ "Annual Report 2012" (PDF). Baar, Switzerland: Glencore. 25 March 2013. p. 51. Retrieved 9 May 2019.
- ^ a b "Annual Report 2014" (PDF). Baar, Switzerland: Glencore. 18 March 2015. p. 53. Retrieved 9 May 2019.
- ^ a b "Annual Report 2016" (PDF). Baar, Switzerland: Glencore. 2 March 2017. p. 63. Retrieved 9 May 2019.
- ^ a b "Annual Report 2018" (PDF). Baar, Switzerland: Glencore. 1 March 2019. p. 77. Retrieved 9 May 2019.
External links[]
- Nickel mines in Western Australia
- Cobalt mines in Western Australia
- Cobalt mining companies
- Goldfields-Esperance
- Surface mines in Australia
- Metal companies of Australia
- Mining stubs