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Vietnam

Ta Khoa (Ban Phuc) Mine

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Overview

Mine TypeOpen Pit & Underground
StageRestarting
Commodities
  • Nickel
  • Copper
  • Cobalt
  • Palladium
  • Platinum
  • Gold
  • PGM
Mining Method
  • Truck & Shovel / Loader
  • Longitudinal retreat
  • Longhole stoping
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SnapshotTa Khoa nickel deposit was mined during the 2013 to 2016 period. The project, plant, and infrastructure have been on care and maintenance since 2016.

The outcomes of the Ta Khoa Nickel Project (TKNP) PFS have been integrated into Blackstone’s overall business development plan to produce Nickel: Cobalt: Manganese (NCM) 811 Precursor products. The TKNP and Ta Khoa Refinery Project (TKR) are collectively referred to as the Ta Khoa Project.

The primary objective of the TKNP is to provide high levels of reliability of nickel supply for the TKR. The PFS has determined that a larger beneficiation plant enables Blackstone to capture a high proportion of its flagship Ban Phuc disseminated sulfide (DSS) deposit. The TKNP beneficiation plant is then supplemented with feed from the Ban Chang and King Snake underground massive sulfide vein (MSV) deposits.

PFS underpinned ~50% concentrate feed for the TKR would be provided by the TKNP.

Owners

SourceSource
CompanyInterestOwnership
Blackstone Minerals Ltd. 90 % Indirect
The Ta Khoa mineral concessions are held by Ban Phuc Nickel Mine LLC, Vietnam (BPNM). Blackstone Minerals owns 90% of BPNM.

Contractors

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Deposit type

  • MMS
  • Vein / narrow vein
  • Intrusion related

Summary:

The Ta Khoa Project is in a magmatic Nickel– Copper–PGE sulfide district associated with the Song Da Rift, a major crustal suture zone, and the Emeishan Large Igneous Province that extends for 1,000 km from northern Vietnam into southern China and hosts several Ni-Cu-PGE deposits.

The licenses are located within the Ta Khoa antiform which is a domal feature within the Song Da Rift Zone. The core of the anti-form is dominated by gneisses and schists of the Devonian Nam Sap Formation, which is mantled by calcareous schists and marbles of the Ban Phuc beds. The Ban Phuc beds form the wall-rock host of the Ban Phuc and Ban Khoa DSS deposits and the Ban Chang and King Snake MSV deposits. The unit is favourable host horizon for many of the mafic and ultramafic intrusions and dykes mapped on the dome.

Two main types of Ni–Cu–PGE sulfide deposits are recognised within the Ta Khoa district:
1) Disseminated Sulfide (DSS) deposits within large ultramafic intrusions, of which the Ban Phuc ultramafic intrusion is the best known and hosts the Ban Phuc DSS deposit and the similar Ban Khoa DSS deposit
2) Massive Sulfide Vein (MSV) deposits within or locally related to narrow ultramafic dykes or locally within sedimentary wall rocks. At Ban Chang for example, zones of disseminated, semi-massive and stringer sulfides are associated with massive to semi-massive sulfide veins.

Ban Phuc DSS
The Ban Phuc intrusion is one of the larger outcropping ultramafic bodies in the Song Da Rift with dimensions of 940 m by 220-420 m, an outcrop area of 0.25 km2 and preserved depth of up to 470 metres below surface. It hosts the largest known resource of disseminated Ni-Cu-Co (& PGE) sulfides in the license area. The intrusion is comprised of serpentinised dunites and peridotites (with some gabbroic differentiates in it’s upper parts). The intrusion is elongate and trough-shaped with a north-westerly trend corresponding to the strike of the Devonian metasedimentary host rocks. It has intruded along the trend of a discontinuous unit of calcareous Ban Phuc beds. The trough-shaped mineralised domains, which are parallel to the folded shaped of the intrusion.

Ban Chang & King Snake MSV
The Ban Chang prospect is located 2.5km east of the Ban Phuc deposit adjacent to the Chim Van – Co Muong fault system. The prospect geology consists of a tremolitic dyke swarm within phyllites, sericite schists and sandstones of the Sap Viet Horizon. The MSV mineralisation consists of two west-east striking, steeply south dipping veins which are 580m apart along strike. The eastern vein consists of a vein of massive sulfide which has a disseminated ultramafic outer domain encapsulating the MSV.

King Snake is located approximately 1km north of the Ban Phuc disseminated nickel sulfide deposit. The King Snake prospect is a typical magmatic MSV of high-grade brecciated Ni-Cu-Co-PGE associated with tremolite-altered mafic-ultramafic dykes developed along a shear zone within the calcareous sediments and quartzmica schists of the Ban Phuc Horizon.

Ban Khoa DSS
The Ban Khoa disseminated nickel sulfide deposit is hosted by a synclinal or trough-shaped serpentinised peridotite, approximately 1km north of the Ban Phuc disseminated nickel sulfide deposit. The Ban Khoa mineralisation comprises broad zones (approx. 150 - 190m thick) with disseminated nickel sulfides throughout the serpentinite, as well as with localised lenses of heavily disseminated nickel sulfide and PGEs, similar to the Ban Phuc deposit.

Ban Khoa is in a preliminary development phase and is currently not included in this study.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityProductUnitsAvg. AnnualLOM
Nickel Concentrate kt 2251,884
Nickel Metal in concentrate kt 16151
Copper Metal in concentrate t 1,24311,398
Cobalt Metal in concentrate t 5815,330

Operational metrics

Metrics
Annual processing capacity  ....  Subscribe
Tonnes processed  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
* According to 2022 study.

Production Costs

CommodityUnitsAverage
Total cash costs Nickel USD  ....  Subscribe
All-in sustaining costs (AISC) Nickel USD  ....  Subscribe
Assumed price Cobalt USD  ....  Subscribe
Assumed price Nickel USD  ....  Subscribe
* According to 2022 study / presentation.

Operating Costs

Currency2022
UG mining costs ($/t milled) USD  ....  Subscribe
OP mining costs ($/t milled) USD  ....  Subscribe
Processing costs ($/t milled) USD  ....  Subscribe
G&A ($/t milled) USD  ....  Subscribe
Total operating costs ($/t milled) USD  ....  Subscribe
* According to 2022 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Closure costs $M USD  ......  Subscribe
OP OpEx $M USD  ......  Subscribe
UG OpEx $M USD  ......  Subscribe
Processing OpEx $M USD 635
G&A costs $M USD 55
Total OpEx $M USD  ......  Subscribe
Royalty payments $M USD  ......  Subscribe

Required Heavy Mobile Equipment

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Personnel

Mine Management

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Aerial view:

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