We have maintained for some time that Spinifex Ridge is rapidly emerging as a mineral project with solid prospects for a mining operation. With the continuing high world molybdenum prices there is a need for an early completion of feasibility work. WorleyParsons' industry experience, delivery of projects of similar scale, innovation and capacity to move through to a bankable study within tight timeframes, were key criteria in securing this contract.
Quotes about molybdenum (2 Quotes)
Such deposits, close to the contact of major productive porphyry deposits, are relatively common and sometimes prove to be of significant size, The original underground workings developed a significant high grade zinc zone, but there was no follow-up to determine the full extent of the deposit after the huge molybdenum deposit was discovered in 1978.