Mining Intelligence and News
New Caledonia

Koniambo Mine

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Categories

Overview

Mine TypeOpen Pit
StatusCare and Maintenance
Commodities
  • Nickel
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
SnapshotOn 12 February 2024 Glencore announced that the Koniambo Nickel SAS (KNS) operation would transition to care and maintenance and that Glencore would shortly initiate a process to identify a potential new industrial partner for KNS.

Owners

SourceSource
CompanyInterestOwnership
Glencore plc. 49 % Indirect
Société Minière du Sud Pacifique (SMSP) 51 % Indirect
Koniambo Nickel (KNS) is a joint venture whose capital is 51% owned by Société Minière du Sud Pacifique (SMSP) and 49% by Glencore.

Deposit type

  • Saprolite
  • Laterite

Summary:

The saprolite deposit contains 75.6 million tonnes of measured and indicated resources grading 2.47% of nickel and 83 million tonnes of inferred resources grading 2.5%. The Koniambo orebody extends over 20 kilometers long and 5 kilometers wide. On this area of approximately 21 square kilometers has a mineralization of lateritic origin with high contents of nickel.

The laterite profile of the deposit can be described as having a thin layer of rich duricrust that is superimposed on a layer of limonite covering an area of transition finally leading to a layer of saprolite. The quality of nickel, cobalt, iron and various oxide ores varies with depth. The potential economic lateritic material is found mainly along the crest of the orebody and occasionally in the form of scattered pockets on several isolated terraces that extend to the West. Except for four large plates, limonite covering is generally less than 5 meters and it often brings out the trading saprolite.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits202320222021202020192018201720162015
Nickel kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe242818149.1
All production numbers are expressed as metal in alloy.

Operational metrics

Metrics2023202220212020
Annual ore mining rate  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
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Production Costs

Commodity production costs have not been reported.

Financials

Units2023202220212020201920182017
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 39   215   241  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 315  
After-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe -844   -533   -494  
EBIT M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe -249  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe -136  
Operating Cash Flow M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 8   -10   15  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required May 3, 2024
....................... Subscription required ....................... Subscription required Subscription required May 3, 2024
....................... Subscription required ....................... Subscription required Subscription required May 3, 2024
....................... Subscription required ....................... Subscription required Subscription required May 3, 2024
....................... Subscription required ....................... Subscription required Subscription required May 3, 2024

EmployeesYear
...... Subscription required 2020

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