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18 Independence Group NL
Location
160km by road, east of Norseman
As at June 2016, the overall
Project was 93% complete
and was on schedule and on
budget to produce first nickel
and copper concentrates by
December 2016 as planned.
FY16 Production
n/a - in construction
Product
Nickel and copper
Resources
325,000t contained nickel and
134,000t copper
1
Mining
Owner operated underground mine
and process plant
Processing method
Conventional crushing, grinding,
flotation and filtration
Reserves
275,000t contained nickel and
112,000t copper
1
Sales
100% of nickel sulphide concentrate
for first three years have been signed
with BHP Billiton Nickel West Pty Ltd
and Glencore International AG. 100%
of copper sulphide concentrate for
first three years has been signed
with Trafigura Pte Ltd.
NOVA PROJECT - KEY MILESTONES
The Nova Project has progressed rapidly in 2016 which is a testament to the quality of the Project
and the commitment of all stakeholders involved in the Project.
1
See Resources and Reserves section
on pages 23-28 of this report
Discovery
Jul 2012
2012
2013
2014
2015
Scoping
Study
Sep 2013
Native Title
Agreement &
Mining Lease
Aug 2014
Maiden
Resource
May 2013
Definitive
Feasibility Study
Jul 2014
Permitting &
Construction
commencement
Jan 2015
Optimisation
Study
Dec 2015
Accelerated
Bollinger Decline
July 2016
IGO
acquisition
Sep 2015
Commissioning &
first concentrate
Dec 2016
2016
NOVA