Our
Projects

Clean Mines was brought on to acquire and commercialise a derelict mine in NSW.  The project had a colourful history and had been closed by the Resources Regulator.  The challenge was to make the project economic again, reinstate the Mining Lease and prepare it for listing.

• Mining Lease reinstated

• Bond reduced from $2.2m to $600k

• Payment plan over 5 years for the new bond amount

• NPV increased from zero to $100m+ with a further contingent $300m on existing resources

• JORC coded Measured and Indicated resource

• Alternative products and flowsheets developed

• Processing plant

  • capital cost reduced from $30m to $3.5m

  • build time reduced from 2.5 years to 6 months

  • capacity increased 600%

  • ability to supply customers "just in time"

  • water consumption reduced more than 80%

  • dust, noise and emissions reduced substantially

• Pilot plant constructed and testwork undertaken

• DA modification completed

• Land Access Agreements completed

• Documents prepared for public listing

Clean Mines was brought in to lead the acquisition and commercialisation of a highly polluted legacy mine site in NSW.  Three smelters operated at the site in the early 20th century to produce gold and silver.  The slag contained many contaminants, which had been leaching into a significant NSW waterway for more than 100 years.  No solution to treating the problems had ever been found and the clean up costs for the NSW government were likely to be in the tens of millions.

• process developed to separate metals from the slag with near complete recovery

• stable arsenic / mercury / cadmium waste product developed

• amorphous silica byproduct and market developed

• DA and Mining Lease applications completed

• no cost to the Government

• environmental clean-up planned

• highly profitable business case

• mining of primary ore to lead on from the site reclamation