MCF Mining Approvals IndexData as at 18 October 2026 · from Western Australian Government registers and open data
Western Australian mining project · Operating
Koolan Island
Koolan Island is a Western Australian mining project (operating) in MINEDEX, owned by Mount Gibson Iron Limited 100%, on 7 current tenements held by KOOLAN IRON ORE PTY LTD; MINISTERIAL. Commodities: Iron.
- MINEDEX project
- J00728
- Stage
- Operating
- Owners (MINEDEX)
- Mount Gibson Iron Limited 100%
- Tenement holders
- KOOLAN IRON ORE PTY LTD
MINISTERIAL - Parent groups
- MGX Resources
- Commodities
- Iron
- Rehabilitation liability
- Its rehabilitation liability is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs
Resources and reserves
| Commodity | Resources | Reserves | Latest estimate |
|---|---|---|---|
| Iron | 16 Mt at 62.1%, 10.0 Mt contained | 4.10 Mt at 65.1%, 2.7 Mt contained | 30 June 2025 |
Current MINEDEX estimates over all the project's sites; resources may include reserves. MINEDEX (DMPE), CC BY 4.0.
Production recorded in MINEDEX
| Commodity | Latest year | That year | All recorded |
|---|---|---|---|
| Iron | 1994 | 582 kt | 45.4 Mt |
Historical: the bulk extract's production records end in 2002.
Mine closure plans
| Site | Operator | Latest plan approved | Plan (PDF on GeoDocs) | Closure year |
|---|---|---|---|---|
| Koolan Island Iron Ore Mine and Port Facility - Doc ID: MGI-KIO | Koolan Iron Ore Pty Limited | 18 April 2017 | Koolan Island Iron Ore Mine and Port Facility - Mine Closure Plan - Doc ID: MGI-KIO-MCP - |
EPA Ministerial Statements
MS 715 Koolan Island Iron Ore Mine and Port Facility
Tenements
| Tenement | Holder | Status | Expires | Commodities | Hectares |
|---|---|---|---|---|---|
| M 04/416 Mining lease | KOOLAN IRON ORE PTY LTD | Granted | 20 April 2027 | Iron | 833 |
| M 04/417 Mining lease | KOOLAN IRON ORE PTY LTD | Granted | 20 April 2027 | Iron | 958 |
| L 04/29 Miscellaneous licence | KOOLAN IRON ORE PTY LTD | Granted | 7 July 2046 | Iron | 400 |
| L 04/68 Miscellaneous licence | KOOLAN IRON ORE PTY LTD | Granted | 14 September 2035 | Iron | 15 |
| L 04/101 Miscellaneous licence | KOOLAN IRON ORE PTY LTD | Granted | 15 April 2039 | Iron | 134 |
| E 04/1266 Exploration licence | KOOLAN IRON ORE PTY LTD | Granted | 29 May 2027 | Iron | 5,760 |
| TR 70/1309 Temporary reserve | MINISTERIAL | Granted | Iron | 1,228 |