Posted in | Nickel

New Nickel Mine for Tasmania

A proposed nickel mine in northern Tasmania is being seen as a source of economic boom for the region. Proto Resources (ASX:PRW) has shown interest in Barnes Hill, near Beaconsfield for the last few years. The company have now been granted a license for an open cut nickel mine in the region.

The company has been surveying the region since 2007. Chairman of the Sydney based company, Andrew Mortimer said that the mine would have a lifetime of 16 years and would be expected to produce 250,000 tonnes of nickel per annum.

Proto Resources said that the mine would generate about a hundred jobs in the region. A fact that has been welcomed by the West Tamar Council. Barry Easther, the Mayor of the West Tamar Council said that he had been briefed by the company executives yesterday and believed that the mine would be good for the economic welfare of the region.

Aircore Drilling at Barnes Hill in late 2009. Image Credit: Proto Resources

He said that a company like that would obviously spend significant sums of money in the Tamar Valley, and so from the economy point of view, it will be very beneficial.

As per Proto Resources website, Barnes Hill is endowed with highly lucrative economics which are set to be enhanced further through the application of unique nickel laterite processing technology. The successful deployment of this technology promises to slash OPEX and CAPEX costs by ‘recycling’ sulphuric acid and turning minor metals into saleable products.

On the exploration front, Proto Resources is exploring its Lindeman's Bore, Wave Hill and Waterloo projects for the possibility that the Antrim Plateau Volcanics of the Northern Territory could host a Norilsk Style ‘super-system.’

In addition, the company has recently acquired a suite of projects in the Doolgunna region of Western Australia to explore for potential volcanogenic massive sulphide targets. This complements nickel sulphide targets including an acquired historical mine at Clara Hill.

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Proto Resources & Investments Ltd.. (2019, February 18). New Nickel Mine for Tasmania. AZoMining. Retrieved on September 17, 2019 from https://www.azomining.com/News.aspx?newsID=1769.

  • MLA

    Proto Resources & Investments Ltd.. "New Nickel Mine for Tasmania". AZoMining. 17 September 2019. <https://www.azomining.com/News.aspx?newsID=1769>.

  • Chicago

    Proto Resources & Investments Ltd.. "New Nickel Mine for Tasmania". AZoMining. https://www.azomining.com/News.aspx?newsID=1769. (accessed September 17, 2019).

  • Harvard

    Proto Resources & Investments Ltd.. 2019. New Nickel Mine for Tasmania. AZoMining, viewed 17 September 2019, https://www.azomining.com/News.aspx?newsID=1769.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit