Flinders zinc
http://www.perilya.com.au
zinc,
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SA,
State: SA,
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The Flinders Zinc project, located 520 kilometres north of Adelaide in the Flinders Ranges of South Australia, covers an area of 10,000 square kilometres, it includes the Aroona and Beltana zinc oxide deposits. The two large scale carbonate hosted zinc and lead sulphide deposits were discovered in the 1960's. The first stage of the development of the Flinders Zinc Project was the mining of zinc of the Beltana deposit.
Flinders Zinc Mine Beltana was Operational for 12 Months
Mining at the Beltana zinc mine commenced in March of 2007 and finished in February, 2008. It has been held on care and maintenance since that time. Ore mined from the Beltana operation was high grade zinc oxide, itwas sold to smelters in Asia by direct shipment through Port Pirie. By September, 2010, all ore stockpiles held at the Beltana mine site had been sold. When mining ceased at Beltana a total of 316,400 tonnes of zinc silicate had been mined and crushed, an amount that realised 101,385 tonnes of contained zinc.Flinders Zinc Project ore sold as Direct Shipping ore
Ore from the Flinders Zinc Project is prized because of the ability to sell it as a direct shipping ore to the company's Asian customers. This is able to be achieved because of the deposit being of such a high grade (37 percent zinc) when compared to concentrate grade from other zinc suppliers. The advantage being that there is no need for concentrating before it can be sold.The Flinders Zinc Project currently has a total mineral resource standing at 972,000 tonnes grading at 29.8 percent zinc which will return around 300,000 tonnes of zinc metal.
In January 2008, Flinders Zinc Project owner, Perilya, negotiated a two year agreement with Chinese company Padaeng Industry Public Company Limited for the delivery of 60,000 tonnes of high grade zinc ore and 50,000 tonnes of ore of a lower grade, from the Flinders Zinc Beltana mine.
Perilya had acquired the Broken Hill mine in New South Wales in 2002. The Broken Hill mine is the most renowned and largest zinc, lead and silver mine in the world.
The Flinders Zinc Project is Fully Chinese Owned
In December 2013, Chinese based, mining and processing company, Shenzhen Zhongjin Lingnan Nonfemet Company Limited, acquired all of Perilya giving it 100 percent ownership of the company. Zhongjin Lingnan has been in the mining industry for more than 50 years and is listed on the Shenzhen StockExchange, in China. Perilya was founded in Australia in 1987 and since that time has put together a wide variety of quality base metal assets, some operational and others still in the exploratory stage.Parilya is currently busy targeting extensions to the existing open pits at the Flinders Zinc Project, focusing on areas of high grade zinc oxide mineralisation ocurring along strike and within the prospective structural and lithological zones that serve as hosts to the rich deposits.
Lithologies of the Flinders Zinc Project area include black shale, dolomite, limestone, sandstone and siltstone. The zinc mineralisation in the area occurs within the Woodendina and the Wilkawillina limestone.
