Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Mine Life | 17 years (as of Jan 1, 2018) |
| Company | Interest | Ownership |
|
Nickel Asia Corp.
|
100 %
|
Indirect
|
|
Cagdianao Mining Corp.
(operator)
|
100 %
|
Direct
|
Summary:
The CMC Mineral Production Sharing Agreement (MPSA) covers approximately 697.0481 hectares in Brgy. Valencia, Municipality of Cagdianao, Dinagat Island, Province of Surigao del Norte.
Summary:
An Open Pit mining method is employed to mine the nickel silicate ore.
In accordance with mining/stripping plans and designs, benches of 3-6 meters height are formed either by bulldozing or directly loading the laterite to dump trucks with the use of tract loaders or hydraulic excavators. The upper portion that is rich with organic matter is dumped in separate stockyards and will later be used in providing topsoil for the restoration/rehabilitation of mined-out areas. Floors of benches have 10 to 15 meters width to provide wider roads for the hauling trucks and heavy equipment.
Production:
| Commodity | Units | 2018 | 2017 | 2016 | 2015 |
|
Saprolite
|
wmt
| ......  | 1,491,610 | 1,360,722 | 1,212,388 |
|
Limonite
|
wmt
| ...... | ...... | ...... | ...... |
All production numbers are expressed as ore.
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Operational Metrics:
| Metrics | 2018 | 2017 | 2016 | 2015 |
|
Ore tonnes mined
| ...... | ...... | 1,985,566 wmt | 2,092,514 wmt |
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Reserves at December 1, 2018:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
19,723 kwmt
|
Nickel
|
1.49 %
|
191 kt
|
|
Proven & Probable
|
19,070 kwmt
|
Nickel
|
1.19 %
|
148 kt
|
|
Proven & Probable
|
19,723 kwmt
|
Iron
|
17.21 %
|
|
|
Proven & Probable
|
19,070 kwmt
|
Iron
|
27.42 %
|
|
|
Measured & Indicated
|
28,960 kwmt
|
Nickel
|
1.36 %
|
256 kt
|
|
Measured & Indicated
|
19,851 kwmt
|
Nickel
|
1.21 %
|
156 kt
|
|
Measured & Indicated
|
28,960 kwmt
|
Iron
|
12.85 %
|
|
|
Measured & Indicated
|
19,851 kwmt
|
Iron
|
34.25 %
|
|
|
Inferred
|
2,947 kwmt
|
Nickel
|
1.2 %
|
23 kt
|
|
Inferred
|
873 kwmt
|
Nickel
|
1.14 %
|
6 kt
|
|
Inferred
|
2,947 kwmt
|
Iron
|
13.73 %
|
|
|
Inferred
|
2,947 kwmt
|
Iron
|
30.99 %
|
|
Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2018
|
|
Annual Report
|
2016
|
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Aerial view:
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