Wednesday, February 29, 2012

SA:SA approves 16th mine


AAP General News (Australia)
12-28-2010
SA:SA approves 16th mine

ADELAIDE, Dec 28 AAP - South Australia is set to get its 16th mine as minerals exploration
turns into mining projects.

Premier Mike Rann says the state government recently approved three more mines - the
Heathgate Resources uranium project at Beverley North, the OZ Minerals Ankata underground
mine at Prominent Hill and the Hillgrove Resources copper-gold mine at Kanmantoo in the
Adelaide Hills.

Record levels of investment in mineral exploration continue to be translated into major
job-generating mining projects, the premier said in a statement on Tuesday.

"Minerals are South Australia's largest single contributor to exports, out-performing
all other sectors, worth $2.8 billion in 2009 /10, more than double $1.17 billion in 2003/4,"

Mr Rann said.

The approvals take the tally of approved mines in SA to 16 mines, with a further six
projects in the advanced stage of the regulatory approval process.

OZ Minerals has already begun construction on the $135 million Ankata underground copper
and gold mine near the Malu open-cut mine at Prominent Hill.

Heathgate Resources can now begin construction of the in-situ uranium recovery project
and Hillgrove Resources has started construction on the Kanmantoo site with the intention
of commissioning the mine within 12 months.

AAP lk/jsh

KEYWORD: MINES

� 2010 AAP Information Services Pty Limited (AAP) or its Licensors.

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