Flinders Mines Limited welcomes the Western Australian Government’s approval for negotiations to commence that could pave the way for a State Agreement allowing construction of a new railway to the Company’s 100%-owned Pilbara Iron Ore Project (PIOP).
“This milestone approval from WA Premier, The Hon Colin Barnett, has injected new confidence into our ongoing efforts to complete a Bankable Feasibility Study (BFS) this year for the development of the PIOP”, Flinders Mines’ Managing Director, Mr Ian Gordon, said today.
“Worley Parsons is heading up work on the PIOP BFS and are currently on target to have the results of the study delivered to Flinders Mines by the end of June 2015”, Mr Gordon said.
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