I have found the following on Gindalbie Metals Magnetite project:
Page 7:
- World-class 522 [email protected]%Fe Magnetite JORC Reserve and 1,853 [email protected]% JORC Resource =Long Mine Life
- Start-up production 8 Mtpa premium 68.2%Fe concentrate, Plus Production Upgrades= Future Growth
- Low mining strip ratio (0.34:1), close to Infrastructure= Low Operating Costs
Page 12:
Karara Magnetite 8Mtpa start-up, with substantial growth opportunities
BFS Capital Estimate (Based on 8mtpa)A$1,800m
FOB Concentrate Costs A$46/t
Karara Concentrate FOB price 2009+A$97/t
Source:
http://www.gindalbie.com.au/Investor+Relations/Latest+Presentation/default.aspx
Regards
SP
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