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 | 2019 | 2018 | 2017 | 2016 | 2015 |
|
Saprolite
|
wmt
| ......  | 2,683,361 | 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 | 2019 | 2018 | 2017 | 2016 | 2015 |
|
Ore tonnes mined
| ...... | ...... | 2,370,674 wmt | 1,985,566 wmt | 2,092,514 wmt |
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Reserves at December 1, 2019:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
17,632 kwmt
|
Nickel
|
1.44 %
|
165.03 kt
|
|
Proven & Probable
|
12,096 kwmt
|
Nickel
|
1.24 %
|
97.49 kt
|
|
Proven & Probable
|
17,632 kwmt
|
Iron
|
14.29 %
|
|
|
Proven & Probable
|
12,096 kwmt
|
Iron
|
37.09 %
|
|
|
Measured & Indicated
|
23,210 kwmt
|
Nickel
|
1.42 %
|
214 kt
|
|
Measured & Indicated
|
19,254 kwmt
|
Nickel
|
1.16 %
|
146 kt
|
|
Measured & Indicated
|
23,210 kwmt
|
Iron
|
14.12 %
|
|
|
Measured & Indicated
|
19,254 kwmt
|
Iron
|
38.06 %
|
|
|
Inferred
|
5,598 kwmt
|
Nickel
|
1.27 %
|
46 kt
|
|
Inferred
|
1,264 kwmt
|
Nickel
|
1.18 %
|
10 kt
|
|
Inferred
|
5,598 kwmt
|
Iron
|
13.97 %
|
|
|
Inferred
|
1,264 kwmt
|
Iron
|
34.36 %
|
|
Corporate Filings & Presentations:
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Aerial view:
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