Positive study for Bungaroo South

KERRY Stokes-backed Iron Ore Holdings has released findings from a mine concept study on its Bungaroo South project in Western Australia’s Pilbara region, which has confirmed the technical and financial viability of a mine development.

Positive study for Bungaroo South Positive study for Bungaroo South Positive study for Bungaroo South Positive study for Bungaroo South Positive study for Bungaroo South

The mine plan, developed by Steffan Robertson Kirsten, supports a 15 million tonnes per annum operation with a mine life of 15 years.

Production is tipped to start in 2015.

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