MINING gold project which it pegged at the time of its IPO in January 2002 and developed in partnership with AngloGold Ashanti . IGO then acquired the Jaguar copper and zinc mine near the town of Leonora in 2011 .
“ These are all great assets ,” affirms Bradford who was appointed to lead the group early in 2014 . “ When I joined IGO , I immediately recognised that we needed growth assets , so we set about a strategy of identifying the best available prospects . That resulted in our entering discussions with Sirius Resources and acquiring the Nova project in September 2015 . We are now focused on bringing that transaction to account and progressing construction at Nova and bringing it into production .”
Fast track to production Progress has been fast by any standards , when it ’ s considered that the deposit was only discovered in July 2012 , only got its mining lease in August 2014 and , yet will be producing first concentrates by the end of December this year . This is a remarkable achievement for an underground mine , with all the infrastructure and construction work entailed in an operation that relies on a combination of sub-level stoping with
“ This is the first discovery of its type in this new belt in Western Australia , and the first discovery of this style of mineralisation in the whole of Australia ”
– Peter Bradford , MD & CEO www . igo . com . au 63