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Murrin Murrin Mine

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(Redirected from Murrin Murrin Joint Venture) Mine in Western Australia

Murrin Murrin
Location
Murrin Murrin is located in Western AustraliaMurrin MurrinMurrin MurrinLocation in Western Australia
LocationLeonora
StateWestern Australia
CountryAustralia
Coordinates28°46′03″S 121°53′38″E / 28.76750°S 121.89389°E / -28.76750; 121.89389
Production
ProductsNickel, cobalt
ProductionNickel: 31,100 t
Cobalt: 2,100 t
Financial year2023
History
Opened1999
Owner
CompanyGlencore
WebsiteGlencore website
Year of acquisition2011

The Murrin Murrin Mine is a major nickel-cobalt mining operation being conducted in the North Eastern Goldfields, approximately 45 km east of Leonora, Western Australia. The project was initiated as a joint venture between Murrin Murrin Holdings Pty Ltd, a wholly owned subsidiary of Anaconda Nickel Limited (whose share was 60%) and Glenmurrin Pty Ltd, a wholly owned subsidiary of Glencore International AG, which had a 40% share. In 2003 Anaconda changed its name to Minara Resources Limited. In November 2011, Minara Resources was fully acquired and is now wholly owned by Glencore International. The mine opened in 1999.

Geology

Murrin Murrin mines a laterite nickel ore formed by deep weathering of a peridotite ultramafic rock.

Problems with the process plant

Significant problems and delays were encountered in the design, construction and commissioning of the ore process plant at Murrin Murrin.

The designers, Fluor Daniel eventually had to pay the joint venture partners A$155 million in an out-of-court settlement. It was their second successful claim against Fluor, Murrin Murrin owners having been awarded $147 million from the first phase of their claim against Fluor, a sum which ultimately was reduced to $39.8 million. The Murrin Murrin project's original cost estimate of $1 billion had $1.6 billion.

Production

Production of the mine:

Year Nickel Cobalt
2000 13,027 t 904 t
2001 25,991 t 1,253 t
2002 30,009 t 1,838 t
2003 28,147 t 2,309 t
2004 27,950 t 1,982 t
2005 28,240 t 1,750 t
2006 31,524 t 2,096 t
2007 27,585 t 1,884 t
2008 30,514 t 2,018 t
2009 32,977 t 3,250 t
2010 28,500 t 1,900 t
2011 28,500 t 1,900 t
2012 33,410 t 2,390 t
2013 40,000 t 2,700 t
2014 36,400 t 2,700 t
2015 37,500 t 2,800t
2016 35,300 t 2,800 t
2017 34,700 t 2,700 t
2018 35,500 t 2,900 t
2019 37,000t 3,400 t
2020 36,000 t 2,900 t
2021 30,000 t 2,500 t
2022 35,700 t 3,000 t
2023 31,100 t 2,100 t

References

  1. ^ "Glencore Full Year Production Report 2023" (PDF). www.glencore.com. Glencore. Retrieved 27 February 2024.
  2. Ladbury, Richard A. (1998). "Resource Project Financing: Capital Markets Project Financing" (PDF). AMPLA Yearbook. Melbourne: Australian Mining and Petroleum Law Association. Retrieved 9 May 2019.
  3. Glencore mops up Minara Resources takeover, The Australian, October 14, 2011.
  4. ^ The Australian Mines Handbook: 2003–2004 Edition, page: 39
  5. Nedeljkovic, Zoran. (1998) Andrew Forrest : a key to Murrin Murrin's past and future Mining chronicle (West Perth, W.A.) Late June 1998, p. 6
  6. Minara handed $155m for Murrin mine fiasco The Sydney Morning Herald, published: 6 May 2004, accessed: 10 September 2009
  7. "Financial report half year ending 31 December 2003" (PDF). ASX. Minara Resources Limited. 18 February 2004. Retrieved 9 May 2019.
  8. "Quarterly report for the period ended 30 June 2003" (PDF). Perth, WA: Anaconda Nickel Limited. 29 July 2003. Retrieved 9 May 2019.
  9. "Quarterly report for the period ended 31 March 2003". Perth, WA: Anaconda Nickel Limited. 23 April 2003. Retrieved 9 May 2019.
  10. ^ "2008 Annual Report" (PDF). Perth, WA: Minara Resources Limited. 27 March 2009. p. 16. Retrieved 9 May 2019.
  11. "Quarterly report 31 December 2009" (PDF). Perth, WA: Minara Resources Limited. 19 January 2010. p. 2. Retrieved 9 May 2019.
  12. ^ "Annual Report 2011" (PDF). Baar, Switzerland: Glencore. 10 April 2012. p. 53. Retrieved 9 May 2019.
  13. "Annual Report 2012" (PDF). Baar, Switzerland: Glencore. 25 March 2013. p. 51. Retrieved 9 May 2019.
  14. ^ "Annual Report 2014" (PDF). Baar, Switzerland: Glencore. 18 March 2015. p. 53. Retrieved 9 May 2019.
  15. ^ "Annual Report 2016" (PDF). Baar, Switzerland: Glencore. 2 March 2017. p. 63. Retrieved 9 May 2019.
  16. ^ "Annual Report 2018" (PDF). Baar, Switzerland: Glencore. 1 March 2019. p. 77. Retrieved 9 May 2019.
  17. ^ "Murrin Murrin Mine". Mining Data Solutions. Retrieved 14 May 2022.
  18. "Glencore Annual Report 2022" (PDF). www.glencore.com. Glencore. Retrieved 7 March 2023.

External links

Nickel mining in Western Australia
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