Tag Archives: MGM Bulk

Red Hawk Mining plots Blacksmith iron ore project haulage path with MGM Bulk

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Red Hawk Mining says it has entered into a strategic partnership with MGM Bulk Pty Ltd (MGM Bulk) for the haulage of iron ore from the company’s 100%-owned Blacksmith iron ore project, in Western Australia, to the Utah Point bulk handling facility in Port Hedland.

The haulage agreement enables Red Hawk and MGM Bulk to work collaboratively through the prefeasibility study (PFS) and definitive feasibility study (DFS) phases to develop and optimise the transport and logistics strategy, focusing on maximising productivity and reducing unit operating costs, the company says.

Following completion of the studies, MGM Bulk has the exclusive right to enter into a haulage services agreement on terms equivalent to those contained in the DFS. MGM Bulk will be responsible for providing a fleet of 150 t ultra-quad trucks and drivers plus associated loading and other equipment and infrastructure.

In a February presentation deck, Red Hawk Mining claimed over 200,000 m of drilling has defined the largest direct shipping ore (DSO) resource of any ASX-listed junior iron ore company (excluding magnetite) at Blacksmith with 174 Mt at 60% Fe. It said there was potential for thee project to be a long-term supplier of at least 3 Mt/y of 60.5% Fe DSO for over 20 years.

Red Hawk’s Managing Director, Steven Michael, said: “We are excited to work with the team at MGM Bulk to establish a haulage strategy optimised for the Blacksmith project. MGM Bulk’s operations in the Pilbara, centred around delivering iron ore into the Utah Point, are second to none. Their fleet size, quality, operational performance and safety record are critical factors in ensuring the success of the Blacksmith project.

“Our PFS team is working closely with MGM Bulk’s commercial and operations team to deliver operating and capital cost estimates with a high degree of certainty, which can easily be translated into an operational haulage contract.”

MGM Bulk’s CEO, Michael Giacci, added: “We are immensely proud to be forging a long-term partnership with Red Hawk Mining on the mine-to-port haulage solutions for their Blacksmith iron ore project.”

First Sanjiv Ridge iron ore shipment on its way, Atlas Iron says

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Atlas Iron has hauled its first shipment of ore by road to Port Hedland, in Western Australia, from its new Sanjiv Ridge operation in four brand new pink trucks.

After announcing the first ore crushed earlier this month, the Hancock Prospecting owned company reached this new milestone this week.

Some 4-5 Mt/y of iron ore lump and fines is to be hauled by road to the Utah Point stockyard, which will add 5-6 years to the Atlas value chain, the company says. It comes with 64 Mt at 57.2% Fe of mineral resources and 29 Mt at 57% Fe reserves.

Sanjiv Manchanda, Atlas Iron CEO, said: “I’m so proud of our team of Atlas staff and our contracting partners, MGM Bulk, MACA and CSI for working so tirelessly to ensure we surpassed our project targets. It’s always a team effort, and our small team certainly knows how to get things done safely, efficiently and with agility to get a win-win outcome.

“I also take this opportunity to thank our partners MGM Bulk and CSI Mining (a Mineral Resources Ltd subsidiary) who painted their four brand new trucks and crusher, which were used today and for the duration of the project, a striking pink colour in recognition of our Group and Executive Chairman’s commitment to supporting breast cancer research and improving patient care. These pink trucks now add to a large amount of mining infrastructure in the Pilbara now pink, including trains, ships, processing plants, crushers and mining trucks.”