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FEATURED MINING COMPANY
KUMBA IRON ORE
South Africa (Northern Cape)
Sishen Mine (opened in 1947) is Kumba’s flagship operation and one of the largest open-pit mines in the world.
It operates 24/7 and in 2008 it produced 34 million tons of iron ore.
With a mineral resource of 2 455 million tons, the mine has a life of more than 27 years at the current rate of production.
There are five distinguishing features of Sishen’s operations and products:
- The high iron (Fe) content
- Superior physical properties
- Consistent product quality
- Reliability of supply
- ISO9001 and 14001 certification
Kolomela Mine has a life-of-mine of 30 years, with the possible extension to a beneficiated product thereafter. Total mineral resource is 373Mt at a 60% Fe cut-off and 408Mt at a 55% Fe cut-off.
The mine will be a standard truck and shovel operation with all mining done in-house.
It will consist of three different pits and will be a full dry crush and screen operation with a lump to fine ratio of 60:40.
Total capital expenditure (capex) is expected to be R8.5 billion. |