HIru is a holding company that performs its activity through various mining projects.
Nickel deposit was discovered in the mine in 1997 and underground mining commenced in 2006. In March 2022 previous owner acquired the mine via a DOCA from prior owner. In April 2022 mining restarted at with the processing plant resuming operations in September 2022.
The surface and underground infrastructure remained well-maintained during the care and maintenance period, enabling a swift restart of the mine in April 2022.
Recent Investments and Upgrades:
- Significant investment of A$17 million in new equipment.
- Installation of a newly constructed dust extraction system.
- Transitioned from ANFO explosives to water-resistant emulsion explosives.
- Acquired a larger Larox filter.
- Prepared for sample testing at an on-site laboratory.
- Expanded tailings capacity.
- Sourced a paste plant and constructed new camp infrastructure.