Succesful Scoping study results released for a novel, low-cost conceptual design.
Appointment of former head of iron one at Glencore, Mark Eames, to the Board. Jun: Commencement of PFS. Dec: Stephen Weir appointed as CDO.
Mar: Award of Muster Dam tenements. Jun: Maiden ore reserve estimate of 473Mt iron ore. Jul: Publication of successful PFS results & commencement of DFS.
PFS Complete based on – 6Mtpa production case
Continuation of technical studies over 2013-18 during the period of depressed iron ore prices.
Peter Schubert appointed as Executive Chairman.
JAN: Appointment of Non-Executive Directors, Jim McKerlie and Paul White