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Phoenix iron-ore project, South Africa

17th May 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Phoenix iron-ore project, Limpopo, South Africa.

Client
Kumba Iron Ore.

Project Description
The Phoenix project is located within the Thabazimbi mining rights area.

The proposed project will exploit banded iron formation and remnant high-grade hematite in the area, east of the mined out Vanderbijl area, which has previously been mined underground. The current study considers the establishment of a possible new openpit mine and a new crushing and beneficiation plant to potentially produce 3.4-million tons a year of fine and lump ore.

Value
Not stated.

Duration
Potential production is forecast for 2019.

Latest Developments
Drilling and metallurgical studies are under way, and the feasibility report will be finalised in 2015.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Kumba Iron Ore, tel +27 12 683 7000 or fax 086 295 0746.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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