Browns Polymetallic Ore Deposit - Exploitation

Exploitation

The Browns deposit is currently being developed as a major base metals mine by Compass Resources NL, an Australian public company, in joint venture with Hunan Nonferrous Metals Corporation, a Chinese government company.

The mine is due to be complete in August 2008, after suffering cost escalation and construction delays, and will produce 15,000 tonnes of copper, 4,000 tonnes of cobalt and 4,000 tonnes of nickel per annum, with a mine life of 30 years, mining the oxide and supergene ores. The processing plant includes solvent extraction and electrowinning processing equipment.

The sulfide resources are hosted beneath the supergene and oxide zone ores and as yet no processing plant has been built to treat the pristine sulfide ores.

On 29 January 2009, Compass Resources went into voluntary administration, while in the process of commissioning the mine.

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