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Nkomati Data

Nkomati Information

  • General 2015-05-10
    Norilsk Nickel acquired 50% interest in the Nkomati joint venture as a result of the LionOre Mining International Limited acquisition on 28 June 2007. The remaining 50% is held by African Rainbow Minerals (ARM) a leading mining company in South Africa. Nkomati is located 300 km east of Johannesburg in the South African province of Mpumalanga and is the only primary nickel producer in South Africa. It also mines other by-product metals, such as copper, PGMs and chromium. The Nkomati deposit includes several ore bodies, the key ones being the rich sulfide ore body (ore with high nickel content, with reserves currently depleted) and the Main Mineralized Zone which contains significant volumes of disseminated ores with lower metal grades. The Main Mineralized Zone opens new production opportunities following the depletion of the rich sulfide ore body reserves in mid 2007. The deposit also contains a Peridotite-Chromite Mineralization zone with lower metal grade as compared to the Main Mineralized Zone. The extracted ore is processed at own concentrator using the traditional sulfide flotation technology with a capacity of 320 thousand tonnes of ore per annum. The plant produces up to 5,500 tonnes of saleable nickel concentrate per year.

Nearby Locations

Nearby Location News

  • Barberton tailings plant shoots lights out with cheap, upped gold production 2016-09-23
    In the 12 months to June 30, gold was produced by the Barberton Tailings Retreatment Plant (BTRP) of Pan African Resources at the exceptionally low all-in cost of $332/oz. While Barberton Mines as a whole had a good financial year both underground and on surface, it was the on-surface BTRP that shot the lights out by not only producing 28 590 oz ultra-cheaply, but also increasing gold production by close to 18%.
  • 2016 Abridged Mineral Resource & Mineral Reserve Report 0000-00-00
    Market News alert Pan African Resources PLC
  • 2016 Abridged Mineral Resource & Mineral Reserve Report 0000-00-00
    Market News alert Pan African Resources PLC

Nkomati News

  • Botswana pulls out of $279m Norilsk Nickel mine deal 2016-10-11
    Botswana withdrew its decision to buy a 50% stake in South Africa’s Nkomati mine from OAO GMK Norilsk Nickel because it can’t afford the price tag of just under P3-billion ($279-million). “The kind of situation we are in, where’s that money going to come from,” Khaulani Fichani, chairman of state-owned BCL, told reporters in Gaborone, Botswana’s capital. BCL is now being managed by a liquidator.

Related News

  • Botswana pulls out of $279m Norilsk Nickel mine deal 2016-10-11
    Botswana withdrew its decision to buy a 50% stake in South Africa’s Nkomati mine from OAO GMK Norilsk Nickel because it can’t afford the price tag of just under P3-billion ($279-million). “The kind of situation we are in, where’s that money going to come from,” Khaulani Fichani, chairman of state-owned BCL, told reporters in Gaborone, Botswana’s capital. BCL is now being managed by a liquidator.
  • Botswana pulls out of $279m Norilsk Nickel mine deal 2016-10-11
    Botswana withdrew its decision to buy a 50% stake in South Africa’s Nkomati mine from OAO GMK Norilsk Nickel because it can’t afford the price tag of just under P3-billion ($279-million). “The kind of situation we are in, where’s that money going to come from,” Khaulani Fichani, chairman of state-owned BCL, told reporters in Gaborone, Botswana’s capital. BCL is now being managed by a liquidator.
  • ARM to sell its $400m Lubambe Copper JV in Zambia at the right price, casting its eye over better copper assets. http://www.miningmx.com/top-story/27977-arm-prepared-sell-lubambe-copper-right-price-mo 2016-09-08

    ARM to sell its $400m Lubambe Copper JV in Zambia at the right price, casting its eye over better copper assets. http://www.miningmx.com/top-story/27977-arm-prepared-sell-lubambe-copper-right-price-motsepe/ …

  • Botswana mine closures highlight need for low-cost production 2016-06-15
    The closure of mines in Botswana had placed emphasis on the absolute necessity for low-cost mining production, E Consult MD Keith Jefferis said on Wednesday. “If we think we can continue as a mining country without being a low cost producer that will be a big mistake,” economist Jefferis told the Botswana Resource Sector Conference.
  • Botswana nickel miner to retrench workers, sell private jet to survive cash crunch 2016-03-23
    The cash-strapped Botswana nickel producer Bamangwato Concession Limited (BCL) has announced plans to retrench thousands of workers and dispose of non-core assets, including a private jet, in order to survive a crippling internal liquidity crunch that has been aggravated by the slump in the demand and price of nickel on the global commodity market. In an interview published by local daily newspaper Mmegi on March 22, BCL spokesperson James Molosankwe said the company was reorganising its main strategic businesses to survive the cash crunch and regain viability.

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