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.
Recoveries & Grades:
| Commodity | Parameter | 2016 | 2015 | 2014 |
|
Saprolite
|
Head Grade, %
| 1.6 | 1.6 | 1.7 |
|
Limonite
|
Head Grade, %
| ......  | ...... | ...... |
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Production:
| Commodity | Units | 2016 | 2015 | 2014 |
|
Saprolite
|
wmt
| ...... | 1,212,388 | 966,559 |
|
Limonite
|
wmt
| ...... | ...... | ...... |
All production numbers are expressed as ore.
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Operational Metrics:
| Metrics | 2016 | 2015 |
|
Ore tonnes mined
| ...... | 2,092,514 wmt |
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Reserves at December 1, 2016:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Proven & Probable
|
24,330 kwmt
|
Nickel
|
1.5 %
|
243 kt
|
|
Proven & Probable
|
27,009 kwmt
|
Nickel
|
1.19 %
|
214 kt
|
|
Proven & Probable
|
24,330 kwmt
|
Iron
|
14.07 %
|
|
|
Proven & Probable
|
27,009 kwmt
|
Iron
|
32.76 %
|
|
|
Measured & Indicated
|
26,588 kwmt
|
Nickel
|
1.37 %
|
243 kt
|
|
Measured & Indicated
|
27,366 kwmt
|
Nickel
|
1.09 %
|
199 kt
|
|
Measured & Indicated
|
26,588 kwmt
|
Iron
|
12.35 %
|
|
|
Measured & Indicated
|
27,366 kwmt
|
Iron
|
34.08 %
|
|
|
Inferred
|
5,595 kwmt
|
Nickel
|
1.22 %
|
46 kt
|
|
Inferred
|
3,127 kwmt
|
Nickel
|
1.11 %
|
23 kt
|
|
Inferred
|
5,595 kwmt
|
Iron
|
13.59 %
|
|
|
Inferred
|
3,127 kwmt
|
Iron
|
28.24 %
|
|
Mine Management:
| Job Title | Name | Profile | Ref. Date |
.......................
|
.......................
|
|
Nov 16, 2018
|
- 'Supplier or 'Investor' subscription is required.
Corporate Filings & Presentations:
| Document Type | Year |
|
...................................
|
2016
|
- Subscription is required.