Project overview
About this development
The Ntaka Hill nickel sulphide project has the potential to emerge as one of the world's best undeveloped nickel sulphide projects in Tanzania, East Africa. The highly prospective Ntaka Hill Nickel Sulphide Project, located within the broader 6,800km2 Nachingwea Exploration Project in south-eastern Tanzania.. Ntaka Hill is a potentially world-class nickel sulphide project which is being explored under a US$60 million exploration joint venture with MMG Exploration Holdings Limited. The deposit has a measured and indicated mineral resource of 12,78 million tonnes grading 1.21% nickel and 0.25% copper. Average yearly contained nickel production is estimated at 10 000 tonnes to 15 000 tonnes. The mine is expected to have a life of 15 years. The project will entail a preproduction capital investment of $227 million. GPS coordinates lat: -10.10038; long: 38.55075.
Project at a glance
Ntaka Hill, Nickel Sulphide Project, Tanzania is located in Tanzania. The project is classified in the Private sector. Its current recorded stage is Cancelled. The recorded project value is R 200 Million+.