Mincor Resources officially opened its Cassini nickel mine, an underground project that will contribute 56% of its total nickel over the initial five-year life of the project.
Located 60 km south of the historic mining town of Kambalda, Cassini was officially opened by WA’s Minister for Mines and Petroleum Bill Johnston, at a ceremony held on site and attended by dignitaries including the Traditional Owners, shareholders, strategic partners, bankers, investors and media.
The mine contains mineral resources of 1.5 million tonnes at 4% nickel for 58,700 tonnes of contained nickel, and an ore reserve of 1.2 million tonnes at 3.3% nickel for 40,100 tonnes of contained nickel.
Mincor’s Managing Director, David Southam, said Cassini forms the cornerstone of the company’s Kambalda nickel operations, which includes the Long and Durkin North mines and the proposed restart of the Miitel mine.
“This is a tremendous milestone for Mincor, for our employees, shareholders, suppliers, strategic partners and other key stakeholders, and for the Kambalda nickel district more broadly,” he continued.
“The official opening of the first new nickel sulphide mine in the region in over a decade is a proud moment, and one that signals the start of a new chapter for this world-renowned nickel district.”
Mines and Petroleum Minister Bill Johnston said the projects will create more than 200 jobs during operations.
“Exploration is the lifeblood of Western Australia’s resources sector and if it leads to a new mine, then new jobs are created,” the Minister concluded.
According Mincor’s statement, first nickel concentrate is expected in first quarter of 2022