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Australia s iron ore reserves and resources are in both hematite and magnetite ores Because of the high average grades % Fe of hematite ores when compared to the
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· As participants in the Indonesian mining sector continue to consider the implications of the 2021 mining law requiring certain types of in country processing and beneficiation the Indonesian Government has introduced related regulations on a the thresholds that will trigger compliance and b an interim tax regime governing exports of processed but not yet beneficiated metal minerals until a
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Mining is actually a very expensive process so mining companies invest time and money to make sure they have picked a good location In the exploration part of the process there are usually multiple locations explored and it may take a number of years to determine which sites are viable
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Already in Australia more than 90 per cent of copper mining is carried out underground with only about seven per cent open pit however globally this ratio is not the average Due to declining grades and the increasing costs associated with open pit mining many mines are going underground to unlock the high grade ores available below the pit with the costs associated with trucks and haulage
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