Sibanye-Stillwater Considers Restarting Mount Lyell Mine, Potentially Creating 300 Jobs
Sibanye-Stillwater is evaluating the restart of the Mount Lyell mine in Queenstown, Tasmania, which could create at least 300 jobs over an estimated 23-year mine life. The mine has been closed since 2014 following workplace fatalities. A feasibility study has been completed, and annual production is projected at 26,000 tonnes of copper and 16,000 ounces of gold. Local officials and industry leaders express optimism about the project's potential impact on the region's economy and workforce development.
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Sibanye-Stillwater is considering a restart of the Mount Lyell mine in Queenstown, Tasmania, which has been closed since 2014 due to workplace fatalities. If approved, the project is expected to support at least 300 jobs over an initial mine life of 23 years, with annual production estimated at 26,000 tonnes of copper and 16,000 ounces of gold.
A feasibility study has been completed, but the final investment decision requires board approval. Local officials and industry leaders are optimistic about the potential economic benefits and recently launched a Mining Pathways Program to connect students with careers in mining.
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