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Wednesday 1 September 2010
Vol. 3 No. 39
IMX CELEBRATES OPENING OF SA's FIRST IRON ORE MINING DISTRICT SINCE 19TH CENTURY
South Australian Premier Mike Rann officially opened the Cairn Hill mine 55km south-east of Coober Pedy today.
This unique iron ore - copper - gold project, representing the first of the next generation of iron ore miners in South Australia in over a century, has been identified and advanced to production stage by IMX Resources Limited (ASX: IXR), an Australian-based steel feedstock and copper development company.
"Cairn Hill is now the cornerstone of our future core business of iron ore and steelmaking materials, and we are also looking to increase our resource base over time, either through exploration or acquisition," said IMX Resources Chairman Johann Jacobs.
"We are very proud that IMX Resources is the first of the next wave of iron ore producers in South Australia. Sufficient port and rail infrastructure are the keys to delivering a sustainable iron ore industry for South Australia," Mr Jacobs said.
Speaking at the official opening celebration of the Cairn Hill Mine South Australian Premier Mike Rann said:
"Over one hundred years ago in South Australia's outback, our first iron ore mine at Iron Knob became an icon of the Australian steel industry."
"This ore was loaded onto carts and pulled by pioneer bullock teams along hot and dusty tracks to Port Augusta, in turn creating an important part of Australia's federation history by forging the nation's future development in steelmaking, engineering and shipbuilding," he said.
"Coober Pedy has become internationally recognized as the home of opal mining in Australia and it is pleasing to see this richly endowed mining belt give birth to a range of new commodities including copper, gold and iron ore.
"Today, after extensive drive by government to foster the further exploration and development of the state's iron ore resources, this breakthrough will create new employment opportunities for the iconic Coober Pedy community while considerable economic benefits are generated for the state and Australia as a whole," Mr Rann
said.
The Cairn Hill mine is expected to produce at the rate of up to 1.7 million tonnes per annum (mtpa) for a period of approximately five years based on the current mine plan lodged with the SA Government (PIRSA).
"High-grade magnetite is being mined at Cairn Hill, before being transferred in purpose-built containers for railing to Port Adelaide for shipping to Yingkou in north-eastern China for processing into a premium concentrate," said IMX Resources Managing Director Duncan McBain.
"We have created a unique partnership between business, government, traditional peoples, local communities and Chinese partners. This exciting project is on track for commencement of shipping in CYQ42010," he said.
The Cairn Hill project is expected to employee approximately 156 people in South Australia, in its mining, road and rail haulage and port operations. There will also be additional local employment created from servicing the employee accommodation and messing facilities in Coober Pedy, as well as business opportunities to provide services to the mine.
For the mining operations, employees will be based in Coober Pedy from where they will travel to and from work daily.
As part of the agreement with the mining contractor, Exact Mining Services (EMS), there is provision for the employment of people from the Coober Pedy community, and employment and sub-contracts to the Antakirinja native title claimants.
One of the factors for IMX in selection of the mining contractor was their previous experience in setting up self sustaining aboriginal businesses in the mining services industry. Subject to final negotiations, Stony Desert Mining Services (a joint venture between EMS and the Antakirinja Matu-Yankunytjatjara Aboriginal Corporation), will be awarded a sub-contract for the maintenance of the haul road
from the mine to the Rankin Dam rail siding.
"Importantly the project is not just about economics, the new operation will ensure environmental impacts are minimised while social and cultural benefits are maximised," Mr McBain said.
IMX Resources Managing Director Duncan McBain at the opening of Cairn Hill
Mobile crushers at Cairn Hill
Cairn Hill Pit
Premier Mike Rann, Coober Pedy Mayor Steve Baines, Antakarinja Chairman David Brown, IMX Managing Director Duncan McBain
Woomera
and Districts Football League 2010 Mail Medal Results
Best & Fairest Jarrod Pyke (Roxby)
Tied runner up Brad Cooper (Hornridge)
Toby Ripley (Andamooka)
Best under 21 Jimmy Barnes (Andamooka)
Leading goal kicker Scott
Montgomerie (Olympic Dam) 38 goals
Golden Whistle Leigh Malcolm
Umpires encouragement award Jhy
McCarthy
Life membership Tracey Ryan
Blackwoods Footballer of the Year Toby Ripley
...............................................................................
WOOMERA
& DISTRICTS FOOTBALL LEAGUE INC
PRELIM
FINAL 28TH AUGUST 2010
Olympic Dam 9 goals 11 behinds 65 points defeated Andamooka 8 goals
12behinds 60 points
Best players for OD 1st A Petty 2nd D Rogers 3rd
S Peek 4th M Spinks 5th M Darrie
Goal scorers S Montgomerie 4 goals D Webb D Moyse R Montgomerie D Rogers
M Darrie 1 goals each
Best players for Andamooka 1st A Schiller 2nd T
Ripley 3rd L Scobie 4th D McDonald 5th B Harris
Goal scorers T Paull 3 goals T Mulders 2 goals J McKenzie B Harris D
Vanzati M Bunnett 1 goal each
REAL ESTATE
Galatians Ch. 3, vs 10 & 11 (Backpackers Bible): "Anyone who tries to please God by obeying the Law is
under a curse. The Scriptures say, 'Everyone who doesn't obey everything in the
Law is under a curse.' No-one can please God by obeying the Law. The
Scriptures also say, 'The people God accepts because of their faith will live.' "
Church Meeting Times:
Catacomb (Anglican) Sunday 9.30am; Catholic Saturday 6.30pm Sunday 10am;
Coober Pedy Revival Fellowship Sunday 10.15 am, 7 pm Wed 7.30 pm; Coober Pedy Brethren
Sunday 10am;
Coober Pedy Christian Home Church Sunday 3pm Ph 0417 814 559 or 0408 890 280; Coober Pedy Community
Church - Assembly of God, Paxton Rd Sunday 10:00 am Wednesday 7:00 pm Friday Prayer Meeting: 7:30pm