Olympic Dam/Roxby Downs Copper-Uranium Deposit Information

Reserves (1)

Ore (Mt)
%Copper
%U3O8
Gold (g/t)
Measured
520
1.7
0.05
0.5
Indicated
1,330
1.2
0.04
0.5
Inferred
810
1.0
0.03
0.4
Total
2,660
1.2
0.04
0.5
Contained
 
32.9 Mt
1,035,000 t
1,249 t or
40.16 Moz
Current
Prices (2)
$US
$AUS
$0.72/lb
$2.97/kg
$9.80/lb
$40.43/kg
$290.50/oz
$543.50/oz
Estimated
Value (2)
$US
$AUS
$52.2 billion
$97.7 billion
$22.4 billion
$41.8 billion
$11.67 billion
$21.83 billion
Note - t is tonnes, M is million (106), g is grams, oz is troy ounces. Measured and Indicated Mineral Resources.

Mining


(1) - WMC Ltd Annual Report 2001 - Financial Report.
(2) - Based on recent WMC quarterly and half-yearly corporate reports. (Total value of production to date is approximately $4.22 billion.)
(3) - Johns, R K, 1990, Uranium Exploration in South Australia. In "Geological Aspects of the Discovery of Some Important Mineral Deposits in Australia", Editors K R Glasson & J H Rattigan, AusIMM, Monograph 17, 1990, Melbourne, VIC, pp 495-498.
(4) - WMC Ltd Environment Progress Report 1999 (see also Roxby Production data).
Page last updated - September 12, 2002.
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