Who is karara mining limited? Karara Mining Limited is a joint venture between Gindalbie Metals Limited and AnSteel, one of the largest iron ore producers and steel makers in China. Karara operates an iron ore mine and associated infrastructure in the mid-west region of Western Australia. The operation is designed for a +30 year mine life and production of 8Mtpa.What is the production rate for the karara project? In 2017 the Karara Iron Ore Project achieved an annual iron ore concentrate production rate of 8 million tonnes per annum (Mtpa). To achieve this production level on a consistent basis, Karara will require a modest increase in water allocation for the Project.What has gone wrong at karara? Karara was built at the peak of the mining boom, which resulted in its original $1.6 billion budget blowing out by more than $1 billion. The iron ore price collapsed during a longer than expected ramp-up of Karara and high operating costs above $US100/t meant further debt had accumulated just to keep the project alive over the past six years.Where does karkarora mine gold? Karora’s two primary gold producing operations are its 100% interests in the Beta Hunt Mine (“Beta Hunt”) and the Higginsville Gold Operations (“HGO”), both located in Western Australia approximately 60km from Kalgoorlie and located along the prolific Norseman-Wiluna Greenstone Belt.