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Philippines

Agata Mine

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Overview

Mine TypeOpen Pit
StatusClosing / Closed
Commodities
  • Nickel
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
SnapshotAgata Mining Ventures Inc. initiated rehabilitation activities at the Agata nickel/iron mine in October 2023 under the final mine rehabilitation and decommissioning plan and as of April 12, 2024, an approximate 28 hectares, representing an approximate 19% of disturbed area, has been rehabilitated.

According to April 12, 2024, AMVI has completed a total project-to-date of 382 shipments of 20.78 million wet metric tonnes of nickel laterite, including seven (7) shipments completed in 2023, subsequent to the announcement of May 18, 2022, that the Agata direct shipping nickel/iron mine ("Agata nickel/iron mine") was expected to cease operations in October 2022.

Owners

SourceSource
CompanyInterestOwnership
Mindoro Resources Ltd. 15 % Indirect
TVI Pacific Inc. 18.4 % Indirect
Minimax Mineral Exploration Corp. 25 % Indirect
TVI Resource Development (Phils.) Inc. (operator) 60 % Indirect
Ownership Tree
AMVI (Agata Mining Ventures Inc.) is a joint venture company between TVI Resource Development (Phils.) Inc. (TVIRD) (60%), Mindoro Resources Ltd. (“Mindoro”) (15%) and Minimax Mineral Exploration Corporation (“Minmax”) (25%), in which TVIRD is operator.

TVI Pacific Inc. holds a 30.66% interest in TVI Resource Development Phils., Inc.

Deposit type

  • Laterite

Summary:

The Agata North lateritic nickel resource in the Philippines forms part of the resource base of MRL (MRL Nickel Philippines, Inc. is a Philippine subsidiary of Mindoro Resources Limited) and has been under active exploration by this company since 1997, with the first lateritic nickel resource drilling program completed in 2006.

Nickeliferous laterite deposits in the Agata area are a series of mineralised plateaus along the western range of the Surigao region of Mindanao. They form specific terrains within the range atop of the predominant underlying ultramafic rocks. The laterites have been developed over ultramafic rocks that lie along the Western Range and are variably mineralized. The rock types within the ultramafics are harzburgite, serpentinised harzburgite, peridotite, serpentinised peridotite, pyroxenite, serpentinised pyroxenite, serpentinite with localised lenses of dunite or serpentinised dunite.

Nickel laterites are the products of intense chemical weathering of the ultramafic rocks, especially the olivine-rich varieties like harzburgite and dunite. The high rainfalls and intense weathering breaks down the easily weathered harzburgite and dunite and the more mobile elements of Mg and Si tend to leave the profile at a much faster rate than the less mobile Feand Ni or Co. Thus high Fe laterite and limonite zones overlie the weathered saprolite of the ultramafic rocks and, where erosion of the upper Fe laterite is low, significant depths of weathering (>10m) can occur within the saprolitic zone.

Nickel mineralisation is predominantly at the base of the Fe laterite and the top of the saprolite and in more primary, Mg rich clays (saponite and stevensite) in the ultramafic saprolite. When weathering is very deep then more Ni can be located in the Fe laterite, but the greatest Ni enrichment is predominantly within the saprolite of the underlying ultramafic rock near the contact zone with the Fe laterite.

The Agata Nickel Laterite deposits located along the western range of the Surigao region, Mindanao Island all have had significant laterite formation and consequent nickel enrichment. The mineralisation can occur in both low and high relief terrains with the high relief terrains generally having lower limonite thicknesses and some exposure of bedrock. The low relief terrain however has no exposures of bedrock on its hillcrests, with the laterite being well developed and containing thick and highly mineralised limonite or saprolite and on occasions a transitional unit. Some boulders occur within the laterite profile and this is predominantly related to harder residual rocks within the laterite profile.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Summary:

There will be no ore processed at the project site. Blending and ore drying activities will occur at the Pit stockpile on the top of the plateau approximately 3.5km from Payong Payong.

Following blending and drying, all ore will be trucked to a Port Loading Facility at Payong Payong bay and directly unloaded onto barges that will be moored at two berth causeway.

Production

CommodityUnits20222021202020192018201720162015
Nickel wmt  ....  Subscribe  ....  Subscribe  ....  Subscribe2,623,8492,472,7763,139,5573,533,1161,378,235
All production numbers are expressed as ore.

Production Costs

Commodity production costs have not been reported.

Heavy Mobile Equipment

Fleet data has not been reported.

Aerial view:

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