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Moly Mines Updates on Spinifex Ridge Iron Ore Project

By Joel ScanlonSep 23 2010

Moly Mines Ltd (ASX,TSX:MOL) issued a statement saying that it shipped out 70,000 tonnes of ore from Atlas Iron on the bulk panama vessel Bergen Max from its Utah Point berth and loader at Port Hedland.

It was a major milestone of the successful wet commissioning of the new port. This will help the company stay on track to reach its own first shipment targets in early December.

Derek Fisher the Chief Executive Officer of Moly Mines Ltd said that this was a significant event for the new iron ore miners of the Pilbara region and for Western Australia. The contract for the Spinifex Ridge Project which would include ore haulage of one million tonnes had been awarded to Bullbuck Pty Ltd.

The company statement mentioned that the stockpile will be built up over the course of November for the first shipment of Spinifex Ridge ore in early December. Bullbuck has been in operation in the region of Port Hedland for over 13 years. They have provided road haulage services to remote mining location all over the wider Pilbara region. They are currently providing haulage services to Consolidated Minerals and Aditya Birla Minerals.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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