Nullagine Iron Ore Mine, Nullagine, East Pilbara Shire, Western Australia, Australiai
| Regional Level Types | |
|---|---|
| Nullagine Iron Ore Mine | Mine |
| Nullagine | - not defined - |
| East Pilbara Shire | Shire |
| Western Australia | State |
| Australia | Country |
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Latitude & Longitude (WGS84):
22° 1' 28'' South , 119° 57' 58'' East
Latitude & Longitude (decimal):
Locality type:
Köppen climate type:
Nearest Settlements:
| Place | Population | Distance |
|---|---|---|
| Nullagine | 215 (2014) | 21.2km |
A scoping study was initiated by BC Iron Limited in 2008, across an area about 35 kilometres south-west of Nullagine on the Bonney Downs Station. The deposits are channel ore type (pea gravel) forming numerous steep sided mesas in the area, which is some five kilometres west of the Newman-Nullagine Road.
In 2009, Fortescue Metals was given part of the deposit as a joint venture with BC, in return for access to its rail head at Fortescue's Christmas Creek mine to the south. In 2010, a haul road was constructed to this mine (later involving a court case with the contractor), accommodation village erected, processing plant and shallow pits at the Outcamp deposit. This covers several mesas along a 9 kilometre strike bordering the south side of Bonnie Creek (BC stands for Bonnie Creek in the company's name).
Other deposits striking for several kilometres trending south south-west to north north-east are Bonnie East, Warrigal, and Coongan amongst others, which have seen some minor development and much exploration.
The mine was developed when iron ore prices were high, but shortly after opening prices fell. In December 2015, the mine closed as the iron ore price had reached uneconomic levels to be profitable. October 2016 the mine was sold to Fortescue Metals for $1, and 75% of royalties from any future mining. The mine is estimated to be worth 570 million dollars Australian. BC Iron states the sale of the mine relieves it of substantial costs in keeping the mine on care and maintenance.
Commodity List
This is a list of exploitable or exploited mineral commodities recorded at this locality.Rock Types Recorded
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References
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Year (asc) Year (desc) Author (A-Z) Author (Z-A)Financial Review newspaper (2016), Fortescue Metals Group Buys Nullagine Iron Ore Mine Stake for $1, 10/10/2016
Proactive Investors (2010), BC Iron to Raise $A18.4M for Nullagine Iron Ore Project Development, 11/11/2010
BC Iron Limited (2008), BC Iron Commences Bonnie Creek Scoping Study Nullagine Iron Ore Project, 17/01/2008
External Links
Other Regions, Features and Areas containing this locality
Australia
- Western Australia
- Fortescue BasinBasin
- Pilbara CratonCraton
- Warakurna Large Igneous ProvinceGeologic Province
- West Australian ElementCraton
Australian PlateTectonic Plate
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