26 June 2007
ASX Announcement
AUSTRALIAN MINES MOVES TO OWNER OPERATOR AT BLAIR
NICKEL MINE
Australian Mines (ASX: AUZ) is pleased to announce that decline capital development at the Blair nickel mine will be assumed by the Company effective from 2 July 2007. Previously capital development was contracted out to a third party firm.
Given the exciting high grade drilling results intersected at Blair Deeps recently, the confidence in the future of the mine has provided the Directors with the opportunity to implement longer term strategies.
Anticipating the decision to make the transition to owner-operator of the mine, the Company has acquired additional underground mobile equipment over the past 6 months. Following the recent acquisition of a new Atlas Copco M2D twin boom jumbo and reconditioned charge-up machine, the company will assume total control of all development and production
activities at the mine.
Commenting on the decision to move to full owner-operator status of the mine, Australian Mines’ Chief Operating Officer Mr Brett Young said, “This is a vote of confidence in the ability of the operational staff to put in a more streamlined workforce with common goals. Besides greater control and flexibility with mining, the move will provide long term cost efficiencies.
“We are looking to the future by committing to using our own people throughout the mining and exploration process”.
Given the exciting high grade drilling results intersected at Blair Deeps recently, the confidence in the future of the mine has provided the Directors with the opportunity to implement longer term strategies.
Anticipating the decision to make the transition to owner-operator of the mine, the Company has acquired additional underground mobile equipment over the past 6 months. Following the recent acquisition of a new Atlas Copco M2D twin boom jumbo and reconditioned charge-up machine, the company will assume total control of all development and production
activities at the mine.
Commenting on the decision to move to full owner-operator status of the mine, Australian Mines’ Chief Operating Officer Mr Brett Young said, “This is a vote of confidence in the ability of the operational staff to put in a more streamlined workforce with common goals. Besides greater control and flexibility with mining, the move will provide long term cost efficiencies.
“We are looking to the future by committing to using our own people throughout the mining and exploration process”.
For further information contact:
Brett Young
Chief Operating Officer
Australian Mines Limited
Tel: 08 9481 5811
For media enquiries contact:
Robert Williams
Farrington National
Tel: 02 9332 4448
Email Subscription
Latest News
Production Increases Significantly
Australian Mines has achieved its best quarterly production result since the June 2005 quarter at the 100%-owned Blair Mine, located 32 kms from Kalgoorlie in W.A.
Australian Mines has achieved its best quarterly production result since the June 2005 quarter at the 100%-owned Blair Mine, located 32 kms from Kalgoorlie in W.A.
Continuing Strong Drill Results
Australian Mines continues to intersect significant mineralisation in its 2008 resource drilling at Blair Deeps at the Blair Mine, located 32km from Kalgoorlie WA.
Australian Mines continues to intersect significant mineralisation in its 2008 resource drilling at Blair Deeps at the Blair Mine, located 32km from Kalgoorlie WA.
Significant High Grade Drill Intersection at Blair
Australian Mines (ASX:AUZ) has recommenced 2008 resource definition drilling at Blair Deeps with drilling initially targeting the high grade E03C shoot below current workings at the Blair Nickel Mine located 32kms from Kalgoorlie.
Australian Mines (ASX:AUZ) has recommenced 2008 resource definition drilling at Blair Deeps with drilling initially targeting the high grade E03C shoot below current workings at the Blair Nickel Mine located 32kms from Kalgoorlie.
Nickel Production Expected to Grow in 2008
Australian Mines is forecasting a continuation of improving production at its 100%-owned and operated Blair Nickel Mine following good progress with the development of the Blair Deeps orebody.
Australian Mines is forecasting a continuation of improving production at its 100%-owned and operated Blair Nickel Mine following good progress with the development of the Blair Deeps orebody.
Resource Update - Marriott's Nickel Project
Australian Mines (ASX:AUZ) is pleased to announce a 25% increase in resources at its 100% owned Marriott's nickel project, following the completion of Phase 1 infill diamond drilling
Australian Mines (ASX:AUZ) is pleased to announce a 25% increase in resources at its 100% owned Marriott's nickel project, following the completion of Phase 1 infill diamond drilling
Update: Marriott's Nickel Project
Australian Mines Limited (ASX: AUZ) is pleased to announce another impressive high grade intercept from resource definition diamond drilling at the Marriott's nickel project, which is 65 km from Leinster in W.A.
Australian Mines Limited (ASX: AUZ) is pleased to announce another impressive high grade intercept from resource definition diamond drilling at the Marriott's nickel project, which is 65 km from Leinster in W.A.
Copyright © 2008 Australian Mines | Disclaimer | Privacy