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The mine plan includes mining of 551 million tonnes of ore and waste from the deposits with an average waste-to-ore strip ratio of 2.2:1. The concentrator will have a throughput of 31,200 t/d or 11.4 million tonnes annually. Material from the pits will be blended to contain about 75% sulphide ore and 25% native copper ore.

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The production schedule and associated cost summary is presented in the tables below. Mining costs include both waste and ore mining expenditure. Ore costs include expenditure for load and haul, RoM related costs including grade control, ore/waste mining cost margin, stockpile maintenance, pit dewatering, drill and blast Schedule Year

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On a world scale, the quantities produced are low. Since the iron ore is extracted in underground mines (Fig. 2), mining costs are hardly competitive compared to the open pit mines of, for example, Australia or Brazil. As a consequence, the low iron ore prices have been very problematic for mining companies.

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