Hazelwood Resources
Hazelwood Resources (ASX: HAZ) is exploring and developing the Cookes Creek nickel sulphide and tungsten project located near Nullagine in the East Pilbara of Western Australia. The project is situated approximately 220 kilometres northwest of Newman and 30 kilometres northwest of Nullagine.
The company anticipates production of concentrate to commence in late 2010/early 2011.
Hazelwood Resources to investigate Big Hill downstream processing
Hazelwood Resources (ASX: HAZ) has altered the scope of its pre-feasibility study into the proposed Big Hill development in Western Australia to include the assessment of possible downstream processing options.
The Perth-based tungsten hopeful advised that after consultation with tungsten industry participants, providing samples of high purity scheelite concentrate from its Big Hill deposit to interested end-user parties and an internal review, it resolved that looking at the merits of producing tungsten intermediate products was the way to go.
According to Hazelwood, it has become evident that the depth in the market for intermediate products such as ammonium paratungstate (APT) presents a better opportunity than raw concentrate alone. Consequently, the Big Hill pre-feas will now incorporate APT into the potential Big Hill product mix.
The Big Hill deposit is part of Hazelwood’s Cookes Creek tungsten project, which is located about 70 km from the town of Nullagine in the East Pilbara region of WA.
Cookes Creek contains areas of historical tungsten production, with Big Hill the most intensively tested area in recent times.
The pre-feas is evaluating a proposed mining and processing operation with an annual production capacity of about 200,000 metric tonne units of tungsten concentrate.
Tungsten ore concentrates are currently fetching about US$155 per tonne unit in China, while European APT prices are trading at about US$190-200 per tonne unit.
“The addition of APT to the product mix under consideration as part of the pre-feasibility study has potential to improve product marketability and enhance project economics,” Hazelwood told the market in a statement to the ASX.
Other Hazelwood Resources articles
Other Hazelwood Resources news
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11/02/10 Hazelwood Resources commences pilot milling at Big Hill Tungsten Deposit
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19/11/09 Hazelwood Resources reports three rigs now active at Big Hill
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24/08/09 Hazelwood Resources delivering on assay results from Cookes Creek Tungsten project
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14/08/09 Hazelwood Resources' investors receive early christmas present with masssive tungsten intersections
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28/05/09 Positive project economics for Hazelwood Resources' Big Hill Deposit at current tungsten prices
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18/05/09 Hazelwood Resources raises $3m for Big Hill Tungsten Project study
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25/02/09 Significant tungsten mineralisation for Hazelwood Resources at Big Hill
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