The Project KARARA is in PRODUCTION stage. Mining Property in AUSTRIA Province of MID WEST REGION OF WESTERN AUSTRALIA : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Legends
	Production
	Mine development
	Discovery
	Exploration
	Past producer
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Karara Project

Karara

Country

Austria

Province

Mid west region of western australia

Close to

Koolanooka

Status

PRODUCTION

Latitude / Longitude

29 S 22 / 117 E 02

Legends


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Produces

Iron -

Develops

Explores for

Last updated on 12/13/2010 - Terms of Use

Risk and valuation analysis of the Karara Project

Status Risk : Production

Country Risk : Very Low

Title(s) of the Karara Project

Gindalbie Metals Ltd
Joint venture: 50%


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Gindalbie is developing Karara through a 50:50 Joint Venture with Chinese steel producer, AnSteel. A wide-ranging Joint Venture Development Agreement was signed in September 2007, followed by a Decision to Mine in November 2007. An Equity Subscription Agreement outlining terms for Ansteel’s involvement in the Joint Venture was finalised in early 2008.

Location of the Karara Project
The Karara Iron Ore Project is located 225km east of Geraldton in Western Australia's Mid West region.

Production

11/15/2012

First Karara Magnetite Production

Exploration and drilling

5/13/2014	ASX Announcement - Karara Project Funding Update
9/2/2013	ASX Announcement - Karara Project Update
1/2/2013	Karara Project Ships First Magnetite Concentrate
5/25/2012	Karara Project Pictorial Update
4/26/2011	Gindalbie Metals - Official Signing for Working Capital Faci...
3/16/2011	Updated Karara Project construction cost estimate
3/16/2011	Karara partners commence studies to expand iron ore producti...
9/22/2010	$120M Karara power line contract to Downer EDI
8/16/2010	First Drawdown Under US$1.2B Karara Project Loan Facility
5/5/2010	Announces Updated Karara Construction Cost Estimate
2/17/2010	Key Karara Project And Construction Management Services Cont...
9/9/2009	Karara Project Receives Final State Environmental Approval
7/27/2009	Welcomes Study Into WA Steel Mill
7/24/2009	Key Environment Appeals Upheld for Karara Iron Ore Project b...
5/12/2009	Karara Joint Venture Appeals Against Certain EPA Conditions ...
4/29/2009	EPA Recommends Karara Iron Ore Project for Ministerial Appro...
3/25/2009	Landmark Skills & Training Partnerships Set to Unlock New Er...
1/14/2009	China Development Bank Approval of the Karara Project Loan F...
8/1/2008	$141.8M Received for Third Equity Instalment for Karara Iron...
7/22/2008	$70M Commitment of Long Lead Items for Karara Iron Ore Proje...
4/29/2008	SECOND EQUITY PAYMENT OF A$55.0M RECEIVED FROM ANSTEEL FOR K...
4/8/2008	Targets Major Expansion of Karara Iron Ore Project

Discoveries and Drilling Results

12/13/2010	Karara magnetite reserves increased 87% to 977.5Mt
8/4/2008	Double Magnetite Resource at Karara Iron Ore Project
3/7/2008	CEO Updates Karara Project
11/7/2007	NEW HIGH GRADE MAGNETITE DISCOVERY AT KARARA

Location

Data last updated on : 12/15/2010

Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.