Artemis to start truck­ing cop­per ore

Pilbara News - - News - Tom Zaun­mayr

Cop­per pro­duc­tion from a mine near Kar­ratha will re­sume this week as its new op­er­a­tor seeks to un­der­take an ex­ten­sive drilling pro­gram to re­open the pit by the end of the year.

Artemis Re­sources has ne­go­ti­ated a sup­ply deal with Whim Creek cop­per heap leach and re­cov­ery op­er­a­tor Black­rock Met­als to make an ini­tial pur­chase of 50,000 tonnes of cop­per ox­ide ore from the Whundo cop­per mine, 30km south of Kar­ratha. The ore will be pur­chased from the mine’s ex­ist­ing stock­piles and trucked about 160km to Whim Creek, with first de­liv­er­ies ex­pected early this month.

Artemis chair­man David Leni­gas said a pro­gram of works had been lodged with the De­part­ment of Mines and Petroleum for drilling at the Whundo and Whundo West as­sets to ex­pand the open pit ox­ide re­source.

“Artemis is not only plan­ning to com­mence gold pro­duc­tion from its Nickol River next week but this deal also gets us into prof­itable cop­per pro­duc­tion very quickly,” he said. “We also see tremen­dous scope to rapidly ex­pand this deal with Black­rock in the com­ing months.”

Artemis ex­pects cash flow of about $100,000 a month from the mine. Whundo is one of Fox Re­sources’ as­sets be­ing pur­chased by Artemis.

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