Iron-ore miner Atlas Iron has deferred the development of its Corunna Downs mine, with the miner instead aiming to increase production from the Mt Webber operation.
Atlas in February approved the development of the Corunna Downs project, with capital costs estimated at between A$47-million and A$53-million. The project had been slated to deliver four-million tonnes a year of lumps and fines direct shipping ore over an initial five- to six-year mine life, with first product shipments targeted for the March quarter of next year.
