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