Tag Archives: Mt Carbine

EQ Resources enlists help of Golding for Mt Carbine tungsten development

EQ Resources Limited says it has executed an Early Engagement Contract with Golding Contractors Pty Ltd for the restart of the open-pit mining operations at the Mt Carbine Tungsten Mine, in Queensland, Australia.

EQR said it selected Golding, a subsidiary of NRW Holdings, as its preferred partner after working through a high-quality engagement and approval process.

“Early engagement was a preferred course for EQR as recent capital investment into the Mt Carbine processing plant is commissioning well and the company is receiving positive feedback from offtake partners for supply of our critical mineral product,” EQR’s Chief Executive Officer, Kevin MacNeill, said.

“EQR wants to deliver the highest quality outcome for the life of the Mt Carbine Mine for all stakeholders. Golding has strong credentials including specialist mine site rehabilitation works and environmental earthworks.

“Mt Carbine is ramping up treatment of its substantial low-grade surface resource as part of its joint venture with Cronimet with the next step in the development plan being the restart of its 100%-owned operations starting with the Andy White open pit, subject to the planned permit amendment. It’s a natural progression.”

Over the coming months, key areas of engagement and focus to finalise the mining contract and ensure smooth transition to mining operations will include:

  • Pit design: EQR is set to revise pit design in line with the recent drilling with Golding to maximise the strategic resource benefit and value for all stakeholders;
  • Equipment selection: In conjunction with the pit design under the contract, EQR and Golding will target strategic equipment selection to further optimise mining costs;
  • Contractor engagement: Golding will help manage the open-pit development through their in-house resources and network of preferred contractors to ensure compliance with Queensland mining legislation;
  • Stakeholder engagement: EQR and Golding will jointly engage local and strategic stakeholders regarding camp establishment, workshop establishment, personnel engagement, strategic regional suppliers and manufacturers; and
  • Timing: the open pit operations are forecast to begin during the first quarter of 2023.

EQ Resources, as a result of the acquisition of Mt Carbine Quarries in June 2019, now has 100% ownership of the two mining leases and surrounding exploration projects at the project. In a joint venture with Cronimet, the tungsten processing plant has been refurbished, commissioned and expanded to 300,000 t/y capacity.

The company is in the process of completing the required environmental amendments to allow the operation to process 300,000 t/y and eventually 1 Mt/y. Once the bulk test work is completed, a feasibility study will be completed for the design of the 1 Mt/y operation.

Australian Government backs EQ Resources Mt Carbine ore sorting plan

EQ Resources Ltd says it has successfully secured A$600,000 ($422,386) in co-investment from the Australian Federal Government’s Advanced Manufacturing Growth Centre (AMGC) via the A$30 million Commercialisation Fund. Combined investment from EQ Resources, its partners and AMGC, totalling A$1.97 million, will assist in commercialising industrial-scale operations for advanced minerals processing flowsheet developed for the Mt Carbine Expansion Project, in Queensland, EQ said.

Technologies to be incorporated include the advanced X-ray Transmission ore sorting technology from TOMRA Sorting Pty Ltd, as well as hyperspectral imaging sensors developed by Plotlogic Pty Ltd. The implementation will further be supported by Cronimet Australia Pty Ltd and The University of Queensland – Sustainable Minerals Institute, it said.

The formal co-funding agreement between AMGC and the company has been finalised and signed.

AMGC is an industry-led, not-for-profit organisation established through the Australian Government’s Industry Growth Centres Initiative. AMGC’s vision is to transform Australian manufacturing to become an internationally competitive, dynamic, and thriving industry with advanced capabilities and skills at its core.

AMGC’s Managing Director, Dr Jens Goennemann, said: “EQ Resources’ project brings together industry and research leaders to commercialise a world-leading technology which will convert what was once a mining waste product into new revenue streams. The project proves that Australia’s manufacturing industry is stepping forward to develop globally relevant solutions which will improve operations and add value in the process.”

EQ Resources, as a result of the acquisition of Mt Carbine Quarries in June 2019, now has 100% ownership of the two mining leases and surrounding exploration projects at the project. In a joint venture with Cronimet, the tungsten processing plant has been refurbished, commissioned and expanded to 300,000 t/y capacity. The installation of the pilot sensor-based sorting technology has seen a 20-plus times upgrade of feedstock grade, the company says.

The company is in the process of completing the required environmental amendments to allow the operation to process 300,000 t/y and eventually 1 Mt/y. Once the bulk test work is completed, a feasibility study will be completed for the design of the 1 Mt/y operation.