OZ Minerals has chosen KBR to deliver a key component of the Carrapateena copper-gold project.
Under the contract, KBR will provide professional services for the execution phase of the project as part of an integrated project team
KBR had previously been supporting OZ Minerals to finalize its early contractor involvement strategy and associated feasibility study activities for the project, located 160 km north of Port Augusta in South Australia.
Based on an updated feasibility study, the mine’s net present value (NPV) increased by 18% to $910m.
Meanwhile, ore reserve tonnage estimate went up by 13% to 79Mt with copper equivalent grade of 2.31%.
The project is expected to return average annual net cash-flow of around $265m over a mine-life of 20 years.
Commissioning of the project is scheduled to begin in the fourth quarter of 2019.
OZ Minerals recently issued a closed RFT to selected contractors for Underground Mining Services.
This scope of work covers the provision of underground development and mining services to OZ Minerals Carrapateena, and closes October 31
NRW Holdings is responsible for delivering the access road, tailings storage facility, quarry and airstrip – register interest in NRW Holdings projects here
Parties wishing to register their interest in supplying directly to proponent Oz Minerals can do so here.
CARRAPATEENA COPPER-GOLD PROJECT SNAPSHOT
Status: Board approval
Site: 160km from Port Augusta, on the eastern margin of the Gawler Craton
CAPEX($AUD million): $751m – $1bn
Proponent: OzMinerals, Rudy Gomez (former owner) and Teck Resources (former owner)
Contractor: PYBAR Mining Services, Sodexo, Thiess, Complete Personnel, Byrnecut Australia, SGS Australia, Ausdrill and Qube (formerly Giacci Brothers)