Santa Lúcia

Serviced by both road and rail networks and just 45km trucking distance from the Antas processing facility, Santa Lúcia has the potential to expand our Hub Strategy at Carajás East.

The Project is 100% owned by Vale, and the Brazil National Economic Development Bank (BNDES) holds a right to participate in up to 50% of the economic results of the project. We have an option to purchase Vale’s share of the project and we’re in discussions with BNDES regarding the possible acquisition of its option to acquire the other 50% interest in the project.

Explore Carajás East Hub

Profile

Status: Study phase, investment decision expected
Proposed products: High grade copper–gold
Proposed mine rate: 1.0Mtpa
Mine life: ~8 years
Location: ~100 km south of Parauapebas and 30 km east of Canaã
Proposed mining method: Underground open-stoping
Proposed processing method: Conventional crushing, grinding and flotation

Timeline

  • 2019
    • Series of new strategic agreements with Vale, option to purchase Santa Lúcia exploration project included.
  • 2020
    • Contract with Vale signed.
    • Resource drilling program commenced.
  • 2021
    • Maiden mineral resource released.

Latest News at Santa Lúcia

Carajás Exploration Update

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Santa Lucia Mineral Resource

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OZ Minerals 2020 Carrapateena, Prominent Hill and Antas North Mineral Resource and Ore Reserve updates

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Carajás Hub strategy gains pace

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