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News: Queensland Bauxite retains consultant for South Johnstone mine planning

  1. Queensland Bauxite (ASX:QBL) has retained John Joseph Howard and his consultancy Jabb Mining to  manage and fast track mine planning and related services for the South Johnstone Bauxite Project in Queensland.

    Earlier this week, it reported $4.34 million in cash reserves as it embarks on the next stage of positioning the South Johnstone bauxite project for development.

    Howard is an experienced Mining Operations Manager with over 17-years’ experience within bulk commodity operations in both Queensland and New South Wales.

    This has been across various departments including production and operations, health, safety and environment, technical services, port services and mine site support.

    He was most recently a senior operations manager for open cut mining projects in Queensland.

    Howard was instrumental in the approvals gained, and the development of the projects including overseeing environmental and mining lease approvals, port approvals as well as working with other significant stakeholders.

    Queensland Bauxite will look to Howard examine mining fundamentals, recommending and implementing improvements to deliver better project outcomes on time and on budget.

    South Johnstone

    In December 2014, QBL defined an initial Indicated bauxite JORC 2012 and revised Scoping Study that detailed financial outcomes and profit metrics for a direct shipping ore (DSO) bauxite mining and export operation.

    The company noted it is continuing discussions with refineries and commodity trading groups toward best development option.

    Applications for environmental approval and a Mining License are underway to enable production to commence in 2015.

    Capital expenditure reported in the Scoping Study was relatively low befitting a mining and quarrying operation to produce a DSO product with a favourable location to the nearby Port of Mourilyan.

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