Philippines

Taganito Mine

Click for more information

Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Nickel
  • Iron Ore
  • Saprolite
  • Limonite
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Taganito mine produces direct shipping saprolite ore and limonite ore.

Owners

SourceSource
CompanyInterestOwnership
Sojitz Corp. 1.5 % Indirect
Pacific Metals Co., Ltd. 33.5 % Indirect
Nickel Asia Corp. 65 % Indirect
Taganito Mining Corp. (operator) 100 % Direct
Company Structure: 65% Nickel Asia Corporation (Filipino) and 33.50% Pacific Metals Co. Ltd. and 1.50% Sojitz Corporation (Japanese).

The Taganito mine operated by Taganito Mining Corporation (TMC).

Deposit type

  • Laterite

Summary:

Laterite nickel ores are a surface formation deposit which is found in hot and wet tropical areas which is enriched in iron and aluminum and develops by intensive and long lasting weathering of the underlying parent rock. Nearly all kinds of rocks can be disintegrated by the action of high rainfall and high temperatures. The dripping rain water causes suspension of primary rock minerals and decreases easily soluble elements as sodium, potassium, calcium, and silicon. This gives rise to a residual concentration of more insoluble elements predominantly iron, aluminum and nickel.

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

Summary:

Taganito mine does not process mined ore. It sells the ore to customers in Japan and China. Low-grade ore is sold to Coral Bay HPAL facility and Taganito HPAL facility.

Production

CommodityUnits20222021202020192018201720162015
Saprolite wmt  ....  Subscribe  ....  Subscribe  ....  Subscribe4,915,9534,567,2573,347,0933,251,7802,656,788
Limonite wmt  ....  Subscribe  ....  Subscribe  ....  Subscribe4,752,8493,795,6943,397,7494,605,6064,369,754
All production numbers are expressed as ore.

Operational metrics

Metrics20222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe9,668,802 wmt8,362,951 wmt6,744,842 wmt7,857,386 wmt7,026,542 wmt

Production Costs

Commodity production costs have not been reported.

Financials

Units20222021202020192018
Capital expenditures M PHP  ....  Subscribe  ....  Subscribe  ....  Subscribe 0.4   0.4  
Revenue M PHP  ....  Subscribe  ....  Subscribe  ....  Subscribe 8.2   7.9  
Operating Income M PHP  ....  Subscribe  ....  Subscribe  ....  Subscribe 3.5   3.7  
After-tax Income M PHP  ....  Subscribe  ....  Subscribe  ....  Subscribe 3   3  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 12, 2024
....................... Subscription required ....................... Subscription required Subscription required Feb 12, 2024

EmployeesContractorsTotal WorkforceYear
...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020
...... Subscription required ...... Subscription required ...... Subscription required 2019

Aerial view:

Lock

- subscription is required.