HAWKS NEST BUZZARD
DSO hematite mine
The Buzzard direct shipping ore (DSO) hematite mine is ‘shovel ready’ with 15 Mt @ 61% Fe.
Mining contractors commenced pre-stripping in January 2024.
The Buzzard Project Mining Lease (ML 6531) was granted to Peak Iron by the Government of South Australia in November 2021.
Buzzard Project lies within the Hawks Nest Exploration License (EL 6395) and is located 125km south-southeast of Coober Pedy and 2.5km from the Stuart Highway. Buzzard Project is 50km southwest of Peak Iron’s operating Peculiar Knob Mine.
The Buzzard Project is situated within the Traditional Lands of the Antakirinja Matu-Yankunytjatjara People, the Woomera Prohibited Area, and McDouall Peak pastoral station.
Peak Iron will extract the ore using open pit mining techniques – the same as Peculiar Knob. The ore will be transported in bulk from the mine site by both road and rail to port. All approvals have been granted and site development began in August 2022. Equipment and personnel will be transferred from Peculiar Knob to Buzzard Project as Peculiar Knob ramps down production.
Peak Iron will undertake its operations at the Buzzard Project by use of contract mining, crushing, and logistics services providers.
The Buzzard Project will create 180 full-time jobs during construction and a further 160 jobs during operation.
It is estimated that our project will generate in excess of $50 million in royalties to South Australia.
The Windy Valley Camp accommodates 176 workers from the Buzzard Project
PROJECT HIGHLIGHTS
COMMODITY
Iron Ore - Hematite DSO
REMAINING RESOURCE
15 Mt @ 61% Fe
MINED RESOURCE
Production commencing in 2024
PRODUCTION RATE
3 Mtpa
REMAINING MINE LIFE
5 years
WORKFORCE
Construction phase - approx. 180
Operation phase - approx. 160
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