I'm not sure how similar Uranium or Iron Ore mining is to zinc,...

I'm not sure how similar Uranium or Iron Ore mining is to zinc, gold and copper.

Just because Iron Ore and Uranium is up today doesn't mean it would be up when the mine is completed.

I would prefer a mine that would be able to capitalise on the existing OZ Minerals skill set. A mine that give give a strategic competitive advantage to OZ Minerals.

A large zinc mine is Sibera or gold mine in africa.

I always like the story of what Alan Bond did with the Kalgoorlie Super Pit

http://www1.superpit.com.au/pages/about_kcgm.asp

‘The most amazing thing that happened in my lifetime is Alan Bond buying up all the leases that became the Super Pit..

Bond saw open cut was needed, started it and it grew and grew. It was the inevitable finish of the single operations.

I remember when it was scattered all over with small companies running their own mines and they were all battling.’
(Charles (Digger) Daws, former president Boulder Shire Council, interviewed, aged 87, in the Kalgoorlie Miner, December 1994)

‘He (Bond) had almost pieced together the jigsaw of leases which were in separate hands for nearly a century. It was now possible to operate a gigantic and ever-descending super pit, in which massive equipment could tear out the old underground workings and the unmined gold in between.’
(From The Rush That Never Ended by Geoffrey Blainey)

This was the origin of the Super Pit, Kalgoorlie-Boulder’s famous landmark that will eventually stretch 3.8 kilometres long, 1.35km wide and go down to a depth of more than 500m. What had once been the Golden Mile, was named the Fimiston Open Pit, which in turn has become commonly known as the Super Pit.

Where small operations had once controlled the famous Golden Mile, WA businessman Alan Bond started buying up the individual leases to create one big company and one big pit, from which gold could be extracted at far less cost.

Bond's company failed to complete the takeover but, in 1989, the entire area was combined. Kalgoorlie Consolidated Gold Mines Pty Ltd (KCGM) was formed to manage the assets and operations of joint venture partners, Normandy Australia and Homestake Gold of Australia Limited.

For the first time, all leases and infrastructure of the Golden Mile, Mt Charlotte (and Mt Percy to the north) had been brought together. Significant changes – the most since gold was first discovered in Kalgoorlie by Paddy Hannan in 1893 – occurred. It was now possible to mine far more economically for gold and continue the harvest of the Golden Mile, which has produced nearly 50 million ounces of gold since the days of Hannan.

More recently, the joint venture partners have changed and KCGM manages the operation for Newmont Australia Limited and Barrick Gold of Australia Ltd. Their ownership includes the Fimiston Open Pit (Super Pit), Mt Charlotte Underground Mine, Fimiston Mill and Gidji Roaster.

KCGM produces up to 850,000 ounces of gold every year and its operation far outweighs any other mining centre in Australia. The Super Pit is the biggest gold open pit mine in the country.

The company’s operations ensure Australia holds its place, behind South Africa and the USA, as the third biggest gold producer in the world.

Where it is?
KCGM’s operation is at the south-east corner of the city of Kalgoorlie-Boulder, which is about 600kms east of Perth, capital city of Western Australia.

What it once was?
The Fimiston Open Pit (Super Pit) has swallowed up pits named: Judd, South, Paringa, Croesus/Eclipse, Central, Brownhill, Drysdale, Morrison, North and Horseshoe.

Other shafts located within the current Super Pit included Main, Croesus, Chaffers, Lake View and Perseverance.

Who owns it?
KCGM Pty Ltd manages the assets for joint venture partners, Newmont Australia Limited and Barrick Gold of Australia Ltd.

What’s produced?
Up to 850,000 ounces of gold a year are produced from the Fimiston Open Pit (Super Pit) and Mt Charlotte.

Work hours?
The Super Pit is mined 24 hours a day, every day of the year.