Page 82 - Annual Report 2020
P. 82

1.9.2 Minerals Australia

          The Minerals Australia asset group includes operated assets in Western Australia, Queensland,
          New South Wales and South Australia.









               Coober Pedy

                         Olympic Dam



                                Port Augusta



                      Port Lincoln
                                   Adelaide
                           Victor Harbor
                          Kangaroo
          South Australia  Island
           Olympic Dam  Port  Hwy

          s1001_v1
                 Copper asset

          Olympic Dam
          Overview                                           Key developments during FY2020
          Located 560 kilometres north of Adelaide, Olympic Dam is one    Olympic Dam achieved solid underground mine performance in
          of the world’s most significant deposits of copper, gold, silver    FY2020 with strong development metres, as well as record annual
          and uranium.                                       gold production. Underground development into the Southern
          Olympic Dam consists of underground and surface operations    Mine Area progressed to plan over the year, and provided access
          and operates a fully integrated processing facility from ore to   to higher copper grade ore. Preparatory work was undertaken
          metal. Ore mined underground is hauled by an automated train   in the September 2019 quarter related to the replacement of the
          system to crushing, storage and ore hoisting facilities, or trucked   refinery crane with the physical replacement and commissioning
          directly to the surface via declines.              expected to be completed in the March 2021 quarter.
          The metallurgical complex consists of grinding, flotation and leach   Looking ahead
          circuits, a hydrometallurgical plant incorporating solvent extraction   Preparations are well advanced for the next Smelter Campaign
          circuits for copper and uranium, copper smelter, copper refinery   Maintenance to be executed early in FY2022. Olympic Dam has
          and a recovery circuit for precious metals.        a range of future growth options under consideration as part
                                                             of its sustained, long-term growth strategy, from incremental
                                                             debottlenecking through to large scale investments. A third
                                                             phase of exploration drilling on the Oak Dam project has been
                                                             completed with additional geotechnical and geo-metallurgical
                                                             data collected to assist in the understanding of the deposit.
                                                             Further drilling will be conducted in FY2021, which will inform
                                                             our next steps with the project.



























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