Amapa - Brazil

Mining of Amapa Integrated Iron Ore Mine under Joint Venture with an international mining company.

Highlights

  • The mine had produced 6 Million tonnes in 2013. Aurum intends to revamp the mine and produce 6 Million tonnes in 2016-17
  • JORC Mineral Resource of 251 Million tonnes at 41% Fe (90% in Measured and (Indicated)
  • Offers product mix ranging from 58% Fe to 66% Fe
  • Project comprises complete Mining, Beneficiation and Logistics Infrastructure including Port and Rail operations
  • Possess potential for 600 to 700 Million tonnes additional Resource
  • Lowest quartile operating costs globally