Project overview
About this development
The Kabanga properties comprise a project area of 4,200 square kilometres, with targets for nickel, cobalt and PGM mineralization. The project area is situated to the north of the high grade Kabanga nickel deposit which is currently under development by a joint venture consisting of Barrick and Xstrata. The Kabanga nickel project is among the world’s most attractive undeveloped nickel sulphide deposits, with a total measured and indicated resources estimated at 37.4 million tonnes grading 2.59% nickel. The property is located about 385 kilometres west of Bulyanhulu, approximately 200 kilometres west of Tulawaka in North Western Tanzanzia. The total investment required in Kabanga Nickel is put at $1.3 billion, including $950 million in the mine and $350 million in the hydrometallurgical plant. The exact co-ordinates are currently not available however the approximate area of location is lat: -2.6370960; long: 30.4540064.
Project at a glance
Kabanga Nickel Project, Tanzania is located in Tanzania. The project is classified in the Private sector. Its current recorded stage is Tender. The recorded project value is R 200 Million+.