Operations

"Perilya has brought a new lease of life to the historic Broken Hill mine over the last five years, increasing production and extending its life to more than six years based on existing reserves." Paul Arndt - Executive General Manager Operations and Development

As one of Australia's largest base metal miners, Perilya owns and operates the iconic Broken Hill zinc, lead and silver mine in New South Wales, Australia and the Beltana high grade zinc mine in South Australia. 

 

Perilya is investing substantially in the development of its three major projects located at the Broken Hill, Flinders and Mt Isa regions as well as exploration in the surrounding tenements.

The company is expanding its operations at the iconic Broken Hill mine through the development of an exploration decline at Potosi, redeveloping the North Mine via a development decline, conducting an open pit feasibilty study into the Flying Doctor deposit and conducting exploration within a 10 kilometre radius of the concentrator.

Since 2007 Perilya has successfully mined, stockpiled and is now exporting approximately 100,000 tonnes of contained zinc in the form of high grade zinc silicate (oxide) ore at the Beltana deposit located in the Flinders project in South Australia.

It is currently conducting a feasibility study into a similar proejct at the adjacent Reliance deposit. The high grade nature of the ore obviates the need for metallurgical processing enabling direct shipment to smelters.

The company is also targetting early development of its 203,000 tonne Mount Oxide copper project in the Mt Isa region in Queensland.

Perilya has a strong balance sheet with low debt levels and is actively seeking growth opportunities.

Perilya's exploration and development interests include projects throughout Australia and in the state of Sabah in Malaysia.

The company's Resources and Reserves statement is available in the 2007 Annual Report.

 

MARKET DATA

(20 min delay)
ASX Code: PEM

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COMMODITY PRICES
ZINC US$/T 1,885.50 0.00
LEAD US$/T 2,134.00 -25.50
SILVER US$/OZ 17.30 -0.04
COPPER US$/T 8,310.00 -131.00
As at: 24 Jul 2008, 11:38 EST


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