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Murrin Murrin Mine

The Murrin Murrin Mine is a major nickel-cobalt mining operation being conducted in the North Eastern Goldfields, approximately 45 km east of Leonora, Western Australia. The project was initiated as a 60/40 joint venture between Murrin Murrin Holdings, a subsidiary of Anaconda Nickel and Glenmurrin, a subsidiary of Glencore.[1] In 2003 Anaconda changed its name to Minara Resources. In November 2011, Minara Resources was acquired by Glencore.[2] The mine opened in 1999.[3]

Geology

Murrin Murrin mines a laterite nickel ore formed by deep weathering of a peridotite ultramafic rock.

Problems with the process plant

Significant problems and delays were encountered in the design, construction and commissioning of the ore process plant at Murrin Murrin.[4]

The designers, Fluor Daniel eventually had to pay the joint venture partners $155 million in an out-of-court settlement. It was the second successful claim against Fluor, Murrin Murrin owners having been awarded $147 million from the first phase of their claim against Fluor, a sum which ultimately was reduced to $39.8 million. The Murrin Murrin project's original cost estimate of $1 billion had $1.6 billion.[5] In December 1998, Anaconda Nickel terminated Henry Walker as mining contractor.[6][7]

Production

Production of the mine:

External links

References

  1. Richard A. Ladbury. Resource Project Financing: Capital Markets Project Financing AMPLA Yearbook, Australian Mining and Petroleum Law Association, 1998, retrieved 9 May 2019^
  2. Glencore mops up Minara Resources takeover The Australian 14 October 2011^
  3. The Australian Mines Handbook: 2003–2004 Edition, page: 39^
  4. Nedeljkovic, Zoran. (1998) Andrew Forrest : a key to Murrin Murrin's past and future Mining chronicle (West Perth, W.A.) Late June 1998, p. 6^
  5. Minara handed $155m for Murrin mine fiasco Sydney Morning Herald 6 May 2004^
  6. ANL's ann re Moves to Owner Operating Mining Anaconda Nickel 4 December 1998^
  7. Clarification - Operations at Murrin Murrin Henry Walker 4 December 1998^
  8. Financial report half year ending 31 December 2003 ASX, Minara Resources, 18 February 2004, retrieved 9 May 2019^
  9. Quarterly report for the period ended 30 June 2003 Anaconda Nickel, 29 Jul 2003, retrieved 9 May 2019^
  10. Quarterly report for the period ended 31 March 2003 Anaconda Nickel, 23 April 2003, retrieved 9 May 2019^
  11. 2008 Annual Report Minara Resources, 27 March 2009, retrieved 9 May 2019^
  12. Quarterly report 31 December 2009 Minara Resources, 19 January 2010, retrieved 9 May 2019^
  13. Annual Report 2011 Glencore, 10 April 2012, retrieved 9 May 2019^
  14. Annual Report 2012 Glencore, 25 March 2013, retrieved 9 May 2019^
  15. Annual Report 2014 Glencore, 18 March 2015, retrieved 9 May 2019^
  16. Annual Report 2016 Glencore, 2 March 2017, retrieved 9 May 2019^
  17. Annual Report 2018 Glencore, 1 March 2019, retrieved 9 May 2019^
  18. Murrin Murrin Mine Mining Data Solutions, retrieved 14 May 2022^
  19. Glencore Annual Report 2022 Glencore, retrieved 7 March 2023^
  20. Glencore Full Year Production Report 2023 Glencore, retrieved 27 February 2024^