Russian major Norilsk Nickel is developing two massive nickel mines in Africa - one in South Africa and the other in Botswana - to double the group's nickel production by 2010. CEO of Norilsk Nickel International Peter Breese told Mineweb today the company was simultaneously conducting a feasibility study on developing a major nickel mine producing 40,000 tonnes annually at Honeymoon Well in Australia.
September 26, 2007
Announced the approval of a R3.2billion ($445 million) Phase 2 Large Scale Mining Expansion to increase average annual nickel production to 20,500 tonnes from 5,500 tonnes and extend the life of mine by 18 years to 2027.
September 3, 2007
Owners announced that the R384 million (US$62 million) “Interim Plan” Project, released in February 2006, successfully started commissioning two months ahead of schedule, within budget and with zero lost time injuries. Full production from the project is now anticipated earlier in the fourth quarter than originally scheduled. The current Massive Sulphide Body (MSB) mine is approaching the end of its life. The Interim Plan will mine the disseminated Main Mineralised Zone (MMZ) orebody at an annualised rate of 6,000 tonnes of contained nickel in concentrate for an expected life of mine of 10 years.
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