Quarter Activities – June 2014
Queensland Bauxite has been focused on defining significant bauxite resources to enable a feasibility study to be undertaken to develop a bauxite mining and export operation.
With the recent confirmed bauxite discovery at South Johnstone, the Company is evaluating the economics of developing a DSO bauxite export operation.
The Company is engaging independent consultants to prepare a scoping study to provide baseline data on development options.
The Company is currently looking at the potential economics of mining and shipping through Mourilyan Port.